Re:The Ecash Act
by daenz on Tuesday March 29, 2022 @12:13PM
(#30844465)
It sounds like you're suggesting that because they already exist in some more-bureaucratic form (seizing cash isn't logistically straightforward), there is no meaningful change to making these things digital and "push button".
[ Parent
| on HN ]
The (hypothetical) proposal from the linked piece is to create a non-forgeable digital bearer instrument. The enumerated requirements include that there be no ledger or central clearinghouse and that the medium support offline transactions.
I don't see how this is different from physical cash wrt civil forfeiture or court-ordered seizure.