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> What if, those citizens could simply memorize or encode a 12-24 word phrase that could preserve their net worth against all forms of tyranny? ... What if, th
by crispyambulance 5y ago
> What if, those citizens could simply memorize or encode a 12-24 word phrase that could preserve their net worth against all forms of tyranny?
... What if, they then LOST ALL OF IT in an instant because of a scam, a random crypto-market fluctuation or because it just becomes worthless because they have no way to ever translate it into something of value, let alone actually spend the "currency".