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Many people simply believe there is a need for a digital censorship resistant currency like physical cash. I don't think it'll replace currencies, but I think
by hudon 9y ago
Many people simply believe there is a need for a digital censorship resistant currency like physical cash.
I don't think it'll replace currencies, but I think it will serve a purpose as a means to transfer value when authorities don't want you to transfer value.
Not saying if this is a good or bad thing, but it is a real value proposition.
- RexetBlell 9y agoIt's also useful if you want to buy something online and don't want it showing up on your Credit Card statement.
- RandomKid 9y agoFor this use-case there is a better solution - GNU Taler [1]. It doesn't invent its own coins but works with existing currencies. [1]: https://taler.net/en/ https://taler.net/en/