Electric Cryptocurrency: A Convenient Truth

Abstract

Cryptocurrency's convenience is a convenient truth — granted here in full, with receipts. A permissionless ledger settles across borders without account approval, banking hours, or correspondent chains; Nakamoto designed exactly that, on purpose. The correction is that the convenience and the danger are the same property: what makes the transfer fast and unstoppable is that it is final — no chargeback, no administrator, no undo. Institutions can price that trade. A person cannot, and the proposal is that the rational personal policy is a wall, not a judgment call. Offered as a proposal, not a result.