Re:Ask HN: What was impossible earlier that is easy in the B...
by basseq on Friday June 30, 2017 @01:15PM
(#14672136)
Right, but it's more than electric money. The OP mentions it's electric money that:
1) has assured/immutable transactions (unlike CCs) - This may or may not be a good thing from a purchaser perspective on seller fraud.
2) is available to all individuals (unlike banks) - Again, which may or may not be a good thing if you're worried about money from/to the grey/black market.
Electronic "money" in general has long been available through credit cards, PayPal, etc but at higher cost and loss of anonymity