Thursday, February 22, 2018

So run a centralized ledger

The Russian Ministry of Finance is not against a national cryptocurrency, provided the state does not participate in it. The creation of a centralized coin, like the cryptoruble, seems impossible, as cryptocurrencies are based on decentralized ledgers, Finance Minister Anton Siluanov told President Putin, according to Russian media.  
The finance minister confuses decentralization and sandbox.  Sandbox is free entry and exit.  Be a centralized monetary system, welcome to sandbox.

The correct answer in the central banks keep the taxable fiat monopoly and run an external shoe leather operation.

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