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declan wrote:

>Not so with digital cash. It also suffers from deployment problems, of
>course, but far more substantial regulatory ones. You need two
>consenting users -- and a tie-in to the banking system (preferable) or
>at least some exchange of value (like e-gold) that's sufficiently
>trusted. Crypto may peeve the FBI, but widespread digital cash is far
>more alarming to governments, which will not permit true digital cash
>to be deployed in any popular way. One obvious way to limit its utility
>is to restrict its tie-ins with the banking system, or prohibit businesses
>within their borders from using it.

>That's the crypto winter.

On a scale of 1 to 10, how likely do you think it is that these problems will
be resolved in, say, the next decade? Where are the people most likely to make
it happen? Fascinating stuff. 

~Faustine.




***
The right to be let alone is indeed the beginning of all freedoms.
- --William O. Douglas, Associate Justice, US Supreme Court

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