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> It seems to me that digital cash has utility Digital cash has great utility, but decentralization of digital cash has marginal utility over centralized alter
by anon291 4y ago
> It seems to me that digital cash has utility
Digital cash has great utility, but decentralization of digital cash has marginal utility over centralized alternatives. In particular, physical cash is centralized and is just as useful as decentralized fiat.
- onphonenow 4y agoI'm not against centralization. At least for smaller purchases, I do like some of the privacy elements of some digital cash solutions. It sometimes feels like the temptation with centralized solutions given storage is cheap and the fraud and other arguments are strong is to avoid any privacy elements at all.