I want to go to a cryptocurrency conference and propose a new currency that emphasizes privacy by allowing distributed offline transactions using physical tokens printed with watermarks... And see how long it takes for everyone to realize it's just cash.
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Replying to @davywtf @sonyasupposedly
Decentralize your proposal by suggesting everyone use some rare element as the basis of value.
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The problem with precious metals is trust in the custodians and their necessity. The problem with printed crypto tokens is the lack of a solution to the double spend problem. If he actually could solve the problems involved then people would be interested.
1:58 PM - 9 Jun 2021
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