Originally Posted by holograph

is that all similarities that you found? how about webmoney? you also need to download software to do the transactions with web money.


Man, look under the hood of LR and Bitcoin. understand how one and how the other operate and work. They are totally in different play fields.

Bitcoin is backed by math. What is liberty reserve backed by?
some guy wanted to come up with digital currency
-did he solve distribution problem?
-did he solve decentralization problem?
-did he solve double-spending problem?
-did he solve proof-of-work problem? (proofing produced new currency and transactions)
-did he solve security problem?
all of these are addressed by Bitcoin, open source project backed by growing supporting community.

Is any of this present in Liberty Reserve except of some guy's wish to push his own currency?