The “crypto system” is just an algorithm. It can be changed to anything. It is merely a convention that all participants follow the same algorithm. If this thin

The “crypto system” is just an algorithm. It can be changed to anything. It is merely a convention that all participants follow the same algorithm. If this thing ever takes off you can safely assume that it will be regulated the way all other financial transactions are and the algorithm will include some nice reversal features & co.