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Cash is most certainly not decentralised, unless you are using some uncommon definition of 'cash'

• asimpletune 6y ago
  How is cash not decentralized? I can pay anyone anywhere for anything and I don’t need any centralized infrastructure.
  • nayuki 6y ago
    The issuance of gold is decentralized. The issuance of cash is centralized, unless you believe in counterfeiting. However, the transacting and storage of both cash and gold are decentralized.
  • alasdair_ 6y ago
    The centralized issuing authority can decide overnight to make the cash worthless. This happened fairly recently in India, for example.