• Rednax@lemmy.world
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    16 days ago

    How would untrackable digital currency even work?

    Any transaction is a request from one to another entity, with some authority registering the exchange of funds. Even bitcoin works like this, where the authority is the consensus of the network, instead of a bank.

    Any system without some central authority seems impossible to keep safe from fraud to me. But while I’m skeptical, I’d love to be proven wrong here.