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September 28, 2009

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Wim Lettens

Hi Chris,

I consider this article spot on. It's an interesting debate as it constitutes so much ambiguity in the need for foundation, while exactly that foundation is in dispute to be by-passed.

I think the "social value" approach would become really a threat to classic banks if/when the foundation would no longer be the currencies themselves, but straigth away the same foundation of the currencies (i.e gold).

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