Sybil attack?

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FOSS the protocol.

can validate all issued tokens go person who filed taxes, or some other validation process. if we wanted,

we could find out if anything is foul

Umm sooo... Functionally identical to the system that most Western democracies use that works just fine?

Functionally fiat and bitcoin are the same as money. I don’t think you are making the point u think ur making