In the long history of attempting to create digital money, all failed because of a single trusted third party essential for the operation of the system. One example is Liberty Reserve, a gold backed eCash company, which ...
In the long history of attempting to create digital money, all failed because of a single trusted third party essential for the operation of the system. One example is Liberty Reserve, a gold backed eCash company, which let it’s users transact gold certificates among themselves privately, got shut down in 2013.
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