Gresham’s Corollary

India to propose cryptocurrency ban, penalising miners, traders — source

There is a new phenomenon here to observe that is interesting since money hasn’t really said to have been observed to exist outside of either a medium with an alternative usefulness or government decree (this is not necessarily the author’s opinion): a commodity with a synthetic or non-local value in which the government means to decree valueless and useless for its currency region.

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