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Comment by southerntofu

A decentralized P2P verification network is not hard. What's hard is building a global consensus to order these transactions, and there's not really a satisfying solution to that problem.

> It's also not obvious to me that cryptocurrencies have value beyond "buying things you're not allowed to buy".

The same could be said about cash but that's an important aspect of life. Whether we're talking about drugs (like cannabis or shrooms) or getting an abortion, there's quite a few things you may not like to be confronted about by your local police.

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