The major currencies already are digital, and have been for decades. The remaining paper money is akin to a higher layer of the protocol stack. But they aren't trust-minimized. And they have no plans to be trust-minimized. That is what makes Bitcoin far superior.https://twitter.com/erlbacher72/status/1167086523315052544 …
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One is decentralized and stored on an immutable ledger based on cryptography while the other is centralized and protected by government. I don't think those are equivalent
Correct, and these pseudo-cryptocurrency plans don't change these fundamental distinctions in the trust model.
![₿TC ₿atman [Global FOMOIŁ!⚡]](https://pbs.twimg.com/profile_images/1163910167722901504/NpudQWm1_normal.jpg)
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Agreed. All that’s different is it offers better security, better proof of ownership, or proof of tampering. In the deepest layers even crypto’s are “centralized” to an extent. The notion of total decentralization is great in theory but a bit overplayed in hype.
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