The Crypto Winter

[jamesd at echeque.com]

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On 18 Nov 2001, at 14:17, Neil Johnson wrote:
> > > It would seem to me that digital cash would be better off
> > > not being tied either of these trust systems, but somehow
> > > develop it's own.

James A. Donald:
> > That is a really dumb idea.
> >
> > It took governments a generation and the vigorous and
> > frequent application of bayonets and batons to render their
> > money independent of precious metals.

Anonymous:
> but why did governments engage in the vigorous and frequent
> application of bayonets and batons to render their money
> independent of precious metals?

Because they could.

    --digsig
         James A. Donald
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     e14ZjXqdjvPhGbY7gUaOBA42wTiDnGWfnEJ2q84q
     4dPLVHJB12eAfQgOC1preE0ABpS1HIjeAfHn/qQN8