[cryptography] Digital cash in the news...

James A. Donald jamesd at echeque.com
Mon Jun 13 05:28:30 EDT 2011


On 2011-06-13 2:50 PM, John Levine wrote:
> But that really has nothing to do with the crypto part.  You can have
> crypto out the wazoo, and it's worth nothing unless there's an issuer
> in meatspace who will accept your crypto coins, cancel them, and hand
> you the agreed amount of money.

But clearly, bitcoins are worth something.  Maybe that is only a bubble, 
but then federal reserve dollars are also only a bubble.



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