You're absolutely right. I'm currently researching the cryptographic elements of bitcoin for this exact reason: ecash schemes actually rely on the power afforde

You're absolutely right. I'm currently researching the cryptographic elements of bitcoin for this exact reason: ecash schemes actually rely on the power afforded by cryptography. In my mind, the economic disruption is actually less exciting. When I'm done the research and it goes to press I'll keep the HN community posted, since there seems to be quite a bit of excitement here on Bitcoin.