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Without making that database universal it just means some poor merchant that accepts bit coins is going to get stiffed.

• willvarfar 14y ago
  but it'd be viral so be universal. Merchents and absolutely everyone would all quickly start checking just to ensure they don't get coins they can't trade, making it effectively universal. Which means it comes down to convincing the gatekeeper that you were burgled. But that's a human level problem.
  • chii 14y ago
    and whoever that controlled that list would basically control bitcoins, because they could charge a levy or else they'd put your bitcoin into that list.
    • bonzoesc 14y ago
      Yup, way to put a centralized control on your decentralized "currency."