Liberty reserve vs bitcoins

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Liberty Reserve: The First Stablecoin (Audio Only) - Episode 28
Federal prosecutors have shut down Liberty Reserve, an alternative payment network that they say was a $6 billion scam "designed to help. Liberty Reserve was one of the most liquid digital currencies among Indonesian crowd-funders at that time. Bitcoin? It wasn't even close. It was. Unlike Liberty Reserve in the past, Bitcoin is a completely new breed of digital currency. Even though mainstream media will keep telling people.

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Any Questions? This may seem surprising to some, but the idea of a digital currency had been around long before the advent of Bitcoin. The currency operated outside of government controls, and was tied to the price of gold and backed by real world gold, making it stable and tangible. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.