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Registered
Join Date: Jan 2002
Location: Long Beach CA, the sewer by the sea.
Posts: 38,168
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IDT an e-check has any value either, but banks that use ACH recognize them and other banks honor them. What's the difference? Supposedly banking is encrypted AFA electronic transactions go.
Wouldn't the ACH be stored on many servers? I'm sure y'all have an answer, it's just a rhetorical question.
BTW, when I first became aware of Bitcoin many years ago, I was working on a house the belonged to a finance guy and we were friends, so we gabbed a lot. The subject came up and he wasn't aware. I did my best to explain what I knew, the basics. He just said no way could he understand it and no way it would work. Lost track of him, wonder what he thinks now?
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