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0xdxdt

Re:A faster, more efficient cryptocurrency on Monday February 18, 2019 @12:55PM (#19192595)
YES!! Emphatically Yes! I travel quite a bit. I would much rather have 1 wallet no matter the digital currencies than have 10 physical currencies at dubious future value.
Re:A faster, more efficient cryptocurrency on Monday February 18, 2019 @12:41PM (#19192457)
(Edited) Let me ask you why do you use cash? For anything? Is it for?:

- Attempts to side-step the law (however misguided the law is)

- Trivial to do using a typical centralized database (e.g. Federal Reserver or VISA) - Tantamount to waiting for a greater fool to buy out the current players

The 3rd point is the same for any fiat currency on forex and many governments are the same as the ICO shills.

I'm not justifying them just stating that in many cases the gamble on currency is the same.

You did present a nice Strawman but I'll bite. Ok. I get asked about cryptos quite often also. So if not a digital currency like BTC then what?

Why use cash? Only criminals use cash! Really! If LE should catch you having more than x,xxx.00 in cash they should arrest you? Why? Because obviously you are trying to do something illegal. (civil forfeiture)

Trivial to do tx with 3rd parties???? What with what? PayPal? There have been no alternatives, or equivalent to cash in the electronic age to date. Including BTC. Although BTC is an attempt to provide similar means as cash (fiat) in a global digital sense.

Then again there is this which is perfectly good: https://en.wikipedia.org/wiki/Contaminated_currency

Re:U.S. Supreme Court to hear civil forfeiture case on Tuesday June 26, 2018 @02:41AM (#17398395)
I didn't say the government couldn't seize bitcoin or cryptocurrencies, only that it is a lot less likely if you get pulled over for a traffic stop. If law enforcement conducts a raid or can otherwise prove someone has been using cryptocurrencies for illicit purposes they have every right to seize it.
Re:U.S. Supreme Court to hear civil forfeiture case on Monday June 25, 2018 @09:58PM (#17397352)
Incorrect application of civil forfeiture laws is one very good reason to have a digital currency. I'm not justifying its use for any illicit purposes but its pretty hard for a cryptocurrency to be seized during a traffic stop.