RE: UBI 101: Central Banks Effect
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the possibility remains that the current system itself will be superseded and rendered obsolete
I would say there is a lot of changes taking place, including how we look at things economically. We are moving into a different era, one that could take a couple decades to play out. Certainly central banks will have to adopt.
As for them being obsolete, in the near term, I do not see that. Even if cryptocurrencies become the norm, there will still be a place for central banks. Decades into the future, perhaps they might end up being non-essential.
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