> What we should have is an electronic cash equivalent operated by the central bank Is it really impossible for people to envision even the small failure modes

> What we should have is an electronic cash equivalent operated by the central bank Is it really impossible for people to envision even the small failure modes of such a system? What about the big, evil, malicious ones? Did we forget the Wikileaks banking blockade already? How about the Canadian trucker protest? How about freelance porn models? It's critically important that you retain the ability to pay and be paid when the state would really prefer that you not be able to.