An update:

The better reason, now, after discussion with Adam Conrad is, that "This
program, similar to the Bitcoin package, will have changes which break
reverse compatibility with older versions.  While they do not have
changes as frequently as Bitcoin which would break reverse
functionality, the current delta between the versions in Ubuntu and
versions in Debian Unstable poses an incompatibility problem.  It is
also very likely that there will be similar incompatibilities in the
future as the electrum program, and the Bitcoin network, change."

To that end, we should still blacklist and remove the package, because
there will be future reverse-incompatible breakages.

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https://bugs.launchpad.net/bugs/1481033

Title:
  Please remove electrum from the archive

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