> The thing about money is that I can hand it to someone. Possession of the money is possession of the money and third parties don't need to get involved in eve

> The thing about money is that I can hand it to someone. Possession of the money is possession of the money and third parties don't need to get involved in every transaction. I can hand someone dollars and take a sandwich and walk away, transaction done. Fiat is also moving in this direction. Credit cards, are just exchanging bits, and in Asia, with Alipay and WeChat pay you are just scanning QR codes. At least with (good) crypto currencies is you can remove the third-party from the equation. There still remains the problem of having your transaction broadcast to the entire network, but I think that is also a solvable problem.