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It's not individual law abiding citizens that are worried about counterfeits. It's a state level concern. Which seems odd to me that crypto's uncounterfitabili
by kleer001 9y ago
It's not individual law abiding citizens that are worried about counterfeits. It's a state level concern. Which seems odd to me that crypto's uncounterfitability would be a selling point for said LACs.
- matt4077 9y agoYawn Nobody cares about counterfeit cash. The technological gap b/w counterfeiters and national mints has continuously expanded. Today, even most countries have given up trying to update their technology, and have started buying their bills from a small number of printers (i.e. Giesecke & Devrient). More importantly, only a tiny fraction of money in circulation is actually held in cash. Today, most countries could declare all cash worthless overnight and it wouldn't have a major effect on the economy. All the infrastructure to move to electronic payments is already in place, and trade could continue unharmed.