If authoritarian governments want to take away cash, this gives an
incentive and mechanism for privately minted cash that will change the
dynamic. I wonder though, how to mitigate against physical forgery. I
get the feeling that this could work out much more trustable than
even the best anti-counterfeit technologies presently used for cash
currency.
If authoritarian governments want to take away cash, this gives an incentive and mechanism for privately minted cash that will change the dynamic. I wonder though, how to mitigate against physical forgery. I get the feeling that this could work out much more trustable than even the best anti-counterfeit technologies presently used for cash currency.