The network can still run between those two people alone (if consolidation is solved).

Nature has an elegant solution to the double-spending problem for physical commodities.

If only there was a way to timestamp digital transactions without a write-only ledger...

Yes... I wonder how Nature implemented that...

By dropping transmutative alchemy from the sprint, allowing the implementation of a capability system on top of a now unforgeable subset of existing resources...

Sounds like the whitepaper for this week's hottest ICO!

Thank you so much. I'm on the verge of framing this and putting it on the wall. Cubicle wall, but still.

  all you need are two people that agree it has value

Wrong. All currencies need a network (physical or otherwise) or else it's just bartering between two objects.

The entire idea of currency requires a network of people who project a common value in the implemented token/object/hash.