Electronic money

[Charles Lindsey]

On Thu, 04 Dec 2014 16:31:09 -0000, Ben Laurie <ben at links.org> wrote:


> I think it is fundamental that if you want to prevent double spending you
> have to have reference to some central body.
>
> If you think Bitcoin avoids that then you should read my writings on
> Bitcoin - because it doesn't. :-)

But Bitcoin Does have a central body. It is just that it is a distributed  
Body - anybody can participate as a member of it, and the cryptography is  
cunningly arranged that all copies of the "ledger" are provably identical.

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