More work is needed, but this approach provides the basis for a free, public, anonymous cash system with no single point of failure. It could be a useful alternative to traditional mint based models.
This would prevent the possible mint rug pulls.
Then e-cash nuts would really be like the $5 bill in my pocket.
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There is a lot of hype in the bitcoin space, a lot of noice espcially from the non-technical side, withou actually understanding what's going beneath the hood. The real deal, the technical stuff, the hardest part, is hidden. People like Adam Back and Co. has been working since ages ago just to make sure they create a sytem of money that liberates us from the iron grip of nation-state and central banking. These of ultimate efforts are really appreciated.
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