No it doesn't. Or rather— it's not necessary or sufficient: you can already trade distributed cryptocoins, and no amount of cryptocoin magic can completely distribute USD or other non-cryptocoin assets because their differential counterparty risk makes every promise different.
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No it doesn't. Or rather— it's not necessary or sufficient: you can already trade distributed cryptocoins, and no amount of cryptocoin magic can completely distribute USD or other non-cryptocoin assets because their differential counterparty risk makes every promise different.
You need a central agency ATM for trading coin. Those guys have to run wallets and do the transactions in non-trusted space. This skips that.
Line 283 of http://pastebin.com/NCGRv74u