> People don't actually have to understand it as long as they get paid,
> of course.  People who are getting paid want to get paid as cheaply
> as possible, ceterus parabus, and so any payment mechanism's

At which point do you fail to understand that people who *need* anon,
untraceable transactions and use paper cash these days (not checks, not money
orders, not wire transfers) would not touch a networked computer-like thingie
with a 10' pole ?

The value-bearing vehicle has to be 100% comprenhensible and verifiable by the
end user in these cases, not by some faraway programer and a web of hype, I
mean trust. Or the end user does not need cash in the first place.

This is the prime reason why digital cash didn't happen - users don't really
care to replace *one* middlemen (government with a printing press and shitloads
of armed men protecting the reputation of cash) with another *few*.



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