Post
Topic
Board Economics
Re: Blockchain = Powerful Tool for Keynesian Monetary Policy
by
cbeast
on 19/11/2012, 16:08:12 UTC
It is pretty clear that the blockchain gives central banks unprecedented control over monetary policy. All they have to do is command 51% of hashing power. An absolutely negligible investment for such a well-capitalized institution.
Remember the Boston Tea Party? These servers will be easy to locate and isolate from the bitcoin network. Block their IPs, and if necessary, permanently.