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Re:The political case for a blanket cryptocurrency ban by biztos on Wednesday March 31, 2021 @02:01PM (#26650711)
If you're going to trust the government to validate the blockchain then you don't need any proof of work anymore. You just need proof of Government: depending on the government, that might be a trillion-dollar SQL database built by Palantir, or it might be a physical stamp in red ink on a dot-matrix printout of every newly verified block.

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