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>Why do you believe this has any relevance at all? People want to buy stuff, not exchange bill with serial number #abcxyz with stuff. Because it solves the dou
by Macross8299 7y ago
>Why do you believe this has any relevance at all? People want to buy stuff, not exchange bill with serial number #abcxyz with stuff.
Because it solves the double spend problem [0] associated with digital currency without use of a centralized database.
I think that matters to people trying to avoid onerous capital controls or a government printing 31% of the money supply in a week [1]
[0]: https://en.wikipedia.org/wiki/Double-spending https://en.wikipedia.org/wiki/Double-spending
[1]: https://www.bloomberg.com/news/articles/2019-02-05/venezuela-prints-money-at-fastest-pace-ever-in-sign-of-panic https://www.bloomberg.com/news/articles/2019-02-05/venezuela...