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money applicable to retail payments. Electronic central bank money would offer the public the possibility to hold central … bank money in a potentially cashless future. In its present form, blockchain technology would probably not be a suitable … solution, since it is unable to process a sufficiently large number of transactions. Electronic central bank money would …
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Social institutions are persistent regularities in contracting and other relations amongst men and in the unintended consequences of such rule-like behavior. They include morality and law as well as institutions of governance such as branding and advertising. Institutions are studied in all...
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