“Government coercion can maintain such a system (fiat standard) for a very long time, even if it would not survive free-market competition.”
- Saifedean Ammous.
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—Thread—
The Federal Reserve highlighting the importance of secure external oracles for DLT-based Central Bank Digital Currencies (CBDCs)
Also notes how decentralization and origin proofs are key to ensure data integrity
#Chainlink enables this