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Grassroots Currencies: Turning Mutual Trust into Liquidity (Full Version)

Shapiro, Ehud
arXiv (All) · Papers
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multiagent-systems
Global cryptocurrencies such as Bitcoin and Ether are unbacked and bear the cost of global consensus on every transaction. A grassroots coin is a claim on its issuer---any person, natural or legal, including people, communities, cooperatives, corporations, banks, municipalities and governments---who
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