China's gold back story

dan at geer.org dan at geer.org
Fri Apr 22 11:16:37 PDT 2016


 | >         But yeah, it's also true that they've been 'developing' their
 | >         own electric monies before bitcoin arrived into the scene...
 | 
 | And I agree with you that they will probably try to coopt Bitcoin or at
 | least blockchain technologies. If not to build their "cashless society"
 | then at least to try to crowd out potential uses for anonymous transactions
 | by ensuring that all the "legitimate" players are playing on a controlled &
 | tracked blockchain.

I (think I) understand why a regime like China wants a
cashless society, but what is in it for Sweden (which is
much farther along the road to Hell)?

--dan




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