[Cryptography] Our leader opines on cryptocurrencies
jamesd at echeque.com
jamesd at echeque.com
Tue Jul 30 20:45:23 EDT 2019
On 2019-07-29 11:06 pm, Howard Chu wrote:
> At best, you're doing poorly what coins like Monero already do automatically.
You are thinking in terms of a world where everyone uses fiat currencies
connected to bank accounts and credit cards, all of which get reported
to the government, and you want Monaro to allow you to buy crypto coins
in Coinbase for fiat money, spend these crypto coins, and then the man
receiving these cryto coins turns them back into fiat money, and Monaro
prevents a connection between the coinbase account converting fiat money
into crypto coins, and the coinbase account turning crypto coins back
into fiat money.
I am thinking of a world without government sponsored fiat.
---
This email has been checked for viruses by Avast antivirus software.
https://www.avast.com/antivirus
More information about the cryptography
mailing list