James Bowery <[email protected]> wrote:

> 1) Cryptographically secure limited number of coins.
>

I don't see any value to this. It causes the value to fluctuate rapidly and
unpredictably.



> 2) Cryptograpicically secure transmission of coins between private keys.
>

They have had this for a long time. Wire transfers were perfected in the
19th century. Security is not unique to Bitcoin; what is unique is that it
is anonymous and untraceable. Some people want that, and some such as drug
dealers need it, but I have no use for it.



> The transmission of money is valuable in itself.
>

Sure, but electronic-speed wire transfer began in the 1850s, I think.
Modern wire transfer began in 1871.

- Jed

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