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> The USD is pretty decentralized already. The decentralized aspect of using dollars in cash form(!), is something I would rather call permissionless. And that
by xorcist 9y ago
> The USD is pretty decentralized already.
The decentralized aspect of using dollars in cash form(!), is something I would rather call permissionless. And that is exactly what Bitcoin set out to approximate for the Internet age.
(Indeed the "cash" reference in the whitepaper title refers to fungibility and permissionlessness, not tangibility or pictures of old presidents. This idea is much older than Bitcoin.)