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Old 05-17-2011, 06:43 PM   #137
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Member#: 149020
Join Date: May 2007
Chapter/Region: South East
Location: Jacksonville
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Originally Posted by Chewyguru View Post
May be harder then it sounds. Establishing a counterfeit is difficult due to the system. You'd have to get it in the stream when it's already registered as being somewhere else.
If that were the case then A) It would not be so anonymous, and B) Personal theft of the thumb drive or computer, etc. would not be an issue. Correct?

If the money is simply an ID tag based on an available algorithm, what's to stop someone from doing this? Based on the FAQs on the site, 'ownership' of the coin is really just the level of agreement between nodes.
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