Every transaction is monitored in the bitcoin system.
But you can make it anonymous. Why are you bringing this up?This is a point, were I thought we agreed.
When I said monitoring, I meant including identification of the payer and payee.
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That is your requirement for trust, not mine. You can trust a transaction as soon as you see it if you like.
And people are going to shop with those who will give them speedy transactions.
And people are going to shop with those who will give them speedy transactions.
Yes, that is my requirement, and will be most others as well. You will see almost no companies that sell without a guarantee against double spending.
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Anyone who currently uses PayPal for a start.
Most of those will prefer a fast issuer based system over a slow decentralized system, I will claim.
But they might prefer bitcoin over paypal.
It seems we have differing opinions on the way future will develop. Which is fine.
It'll probably turn out nothing like either of us expect anyway.