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A comment on Members of the US Congress Plan to Create a Compliant Version of Bitcoin. Parent comment

Re:Members of the US Congress Plan to Create a Compliant Ver... by kobeya on Saturday August 19, 2017 @11:40PM (#15056872)
> It does to convert from Bitcoin to Fiat currency.

Why do that if everyone accepts bitcoin?

And in any case, no you don't. Not as long as cash exists.

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Re:Members of the US Congress Plan to Create a Compliant Ver... by fweespeech on Sunday August 20, 2017 @10:01PM (#15061411)
Its not technically possible at this time for this to be true.
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Re:Members of the US Congress Plan to Create a Compliant Ver... by kobeya on Monday August 21, 2017 @01:19AM (#15062123)
It is not technically possible to trade physical cash bills for bitcoin? I do it all the time...
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Re:Members of the US Congress Plan to Create a Compliant Ver... by fweespeech on Monday August 21, 2017 @06:04PM (#15068189)
You are claiming a situation where 100% of merchants take bitcoin (i.e. everyone) and the scale required is beyond bitcoin by several orders of magnitude.
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