Countries once created currencies as a medium of exchange for goods and services and needed a central authority to support the system
But this trust has always been abused with currency debasement and deficit spending, making the currency worthless
In history it has happened always for the last 2000 years
Today we no longer need central authority as the figures to support currencies
As fiat currency fails, online communities will have their own currencies to transact goods and services in the world; they become defacto a decentralised nation with no central authority able to control the currency nor abuse it through currency manipulation
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