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    Cryptocurrencies and competing payment systems arose prec... — Carmelics
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    Supports→Money derives its legitimacy from the consent of those who use it in exchange, not from sovereign decree alone.

    Cryptocurrencies and competing payment systems arose precisely because consent was withdrawn from state-monopolized currency systems.

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    Money derives its legitimacy from the consent of those who use it in exchange, n...

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    Money derives its legitimacy from the consent of those who use it in exchange, n...

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