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> They cannot be faked

The directory of the owners (the Rarepepe "scientists") can autocratically approve whatever they want, including clones of anything valuable. This system can function only as long as it remains an unimportant joke.

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The point that the author is trying to make here is that the digital asset cannot be forged. The Bitcoin blockchain and the Counterparty protocol enforce this.

Another blockchain governance issue... We need new social structures to make any valuable use of this new technology.

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