I&#x27;m all for compromise, but I don&#x27;t think it&#x27;s possible to build a compromise system on top of bitcoin.<p>I think the Right Answer is to have an auditable public ledger maintained by a trusted third party.  This could be the government, or it could be a private party, but the key to making it work is to make electronic money storage and transfer a commodity provided by what is essentially a public utility.