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What would "crypto currency" mean here? How would it be different from a real currency?
by delusional 5y ago
What would "crypto currency" mean here? How would it be different from a real currency?
- deleted 5y ago[deleted]
- throwawayffffas 5y agoI think it would mean cryptographic provable public ledger.
- smt88 5y agoChina will create a digital currency, and it may use something like blockchain, but it probably will not have a public ledger.
- randomhodler84 5y agoCreated, launched and in production! Was used at the Olympics! It exists today.
- throwawayffffas 5y agoI don't disagree but I don't think anyone would call it a "crypto currency" then. Hell I am pretty sure that even if it were public people would still not call it a "crypto currency".
- deleted 5y ago[deleted]
- dathinab 5y agoProbably, also most likely federated with a design similar to PoS. Also probably just semi-public.
- zitterbewegung 5y agoAt that point I don't know why you would essentially need that kind of infrastructure. Just tell everyone that on some date in the future paper cash will not be legal tender and everyone has a government issued bank account. You could use a permissioned ledger (a hyperledger) at this point.