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So you not only would you have to create a computer that could run on our tissue to exhibit our kind of intelligence. Some of it comes from the fact that a few of these protocols do need their own token. If 51 percent of these people collude then does that mean they can go back and change the ledger. So historically the central bank would maintain the sanctity of the ledger or the fact that you have a certain dollar bill with the serial number and it maintains the sanctity of the ledger. Are there back doors with supply and demand? And prediction markets are you know people can actually make predictions and get paid if their predictions are correct or lose money if their predictions are wrong and then these prediction markets can also serve as arbiters of truth and pricing into these smart contracts. Bitcoin faces regulatory crackdown, Bank of England warns. But the reality is really complicated. What is a hardware wallet? Nick first created bit gold right.
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