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<p>[QUOTE=&quot;Cherd, post: 24490657, member: 24754&quot;]Whatever &quot;freedoms&quot; that I would lose by going digital.... I suppose I&#039;ve already lost them and don&#039;t feel the impact (I haven&#039;t used cash for years). The only reasons that I wouldn&#039;t want a paper trail associated with my expenditures would be if I were doing something illegal, trying to avoid taxes, or the like. I wouldn&#039;t equate the removal of mechanisms that allow for these types of things to losses of freedoms.</p><p><br /></p><p>We can imagine a scenario where the &quot;programable&quot; aspects of cryptocurrencies could become a problem. But, just like every other paradigm shift that occurred throughout history, we have to implement rules, regulations, and practices that avoid potential pitfalls.</p><p><br /></p><p>We fear change, tending to focus on the potential downsides while minimalizing the upsides. This happened when the first coins started being minted:</p><p><br /></p><p>&quot;<i>Why would I accept a hunk of gold for my grain?! Give me that goat!</i>&quot;</p><p><br /></p><p>It happened when we shifted away from the gold standard:</p><p><i><br /></i></p><p><i>&quot;Why would I accept this paper for my goat?! Give me that gold!&quot;</i></p><p><br /></p><p>And it is happening as we go digital:</p><p><br /></p><p>&quot;<i>Why would I accept these digital numbers for my work?! Give me that paper!</i>&quot;</p><p><br /></p><p>In the end, it is all fiat (including gold). We have simply progressed toward more efficient and stable versions of storing value artificially.[/QUOTE]</p><p><br /></p>

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