[Cryptography] I am not against good cryptocurrencies. I just don't think you can build one with a block chain protocol.

[Greg]

> On Jan 2, 2021, at 3:59 PM, Karl <gmkarl at gmail.com> wrote:
> 
> It's not about black or white, it's that here the reward for secret
> advances in breaking digest algorithms is being able to physically and
> legally produce your own money out of thin air, and you get
> exponentially more money the faster you do it.

You’re saying that if the cryptography were to be broken, then this new money system could momentarily degrade back into the state of the existing financial system that we currently have?

Yes, I suppose that would be an issue.

Cheers,
Greg



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