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Economics
Re: Is there room for a State Run Cryptocurrency?
by
polynesia
on
03/08/2014, 09:54:24 UTC
Quote from: blumangroup on August 03, 2014, 06:36:02 AM
The FDIC should prevent bank-runs. The reason the FDIC would run out of money would be because insurance premiums would not cover losses.
A bitcoin bank run would be instantaneous.