[Cryptography] [ANNOUNCE] HashCash Digital Cash

[Zenaan Harkness]

On Sun, Jun 25, 2017 at 02:45:45AM -0300, Juan wrote:
> On Sun, 25 Jun 2017 00:44:36 -0400
> grarpamp <grarpamp at gmail.com> wrote:
> 
> > 
> >    http://www.hashcash.com/
> 
> 
> 	didn't you bother to make a summary of the scammers' project? 
> 
> 	http://www.hashcash.com/faq.html
> 
> 
> 	"Isn't HashCash centralized, and isn't that bad?
> 
> 	HashCash is polycentric, rather than centralized. "
> 
> 	Translation : yes hashcash is just a centralized bank and so
> 	it is shit.
> 
> 
> 	"A HashCash vault is a "trusted third party". Isn't that bad?
> 
> 	A healthy market is full of "trusted third parties. Bla bla bla"
> 
> 	Translation : yes hashcash is just a centralized bank and so
> 	it is shit. 
> 
> 
> 	You're welcome.

Summary of critical design "flaws" appreciated.

Externalisation of authority strikes again - or rather in this case
the "intent to cause the pleoble to externalise their authority".