this post was submitted on 20 Jul 2024
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[–] taanegl@beehaw.org 1 points 3 months ago

Y'know, unless the EU comes out with that digital currency that doesn't require a network. It's like value papers, but in form of cryptographic hashes - and I refuse to call it "crypto", because of the obvious connotations.

But you could call it off-grid crypto, though it is easier to track than actual physical cash. But money can pass a lot of hands from point A to point Z, and if it doesn't need to touch any network between these points, than it becomes quite possible to misuse that digital cash, unless it's somehow ear marked for each transfer.

I await specifications before it can actually be considered viable, but if successful, it could become the new standard...

And maybe us northern Europeans could stop having to print value papers in France, because that makes me feel much more dirty than using crypto.