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Money's power relies on its transitivity. Bob accepts Alice's payment because he can use it to pay Charlie. Charlie's decision to accept that money is what give
by natrius 11y ago
Money's power relies on its transitivity. Bob accepts Alice's payment because he can use it to pay Charlie. Charlie's decision to accept that money is what gives Alice power. If Alice runs a violent cartel in Mexico, Charlie can reject Alice's power. If he uses anonymous money like dollars or Zcash, Charlie is forced to submit to Alice's power because her power is invisible.
There are many evil ways to acquire money, and anonymous money makes us all supporters of that evil. We should stop it.
> Consider people donating to WikiLeaks or similar, where the sender might not want a record of where they sent their money.
The government knows who's donating to WikiLeaks. To state actors, money is already identifiable. People like you and me are powerless when it comes to money, so we can't stop the people who have purchased our government. Let's fix that.