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Facebook’s Digital Currency Venture “Diem”: the new Frontier. or a Galaxy far, far away?

TIM Review

Due to their “decentralized” character, these cryptocurrencies are poised to potentially disrupt national and central bank-backed “fiat currencies” (see note 1) around the world. National governments and their central banks have traditionally enjoyed a kind of “monopoly” when it comes to deciding what counts as legal “currency”.

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