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Yes. Fully anonymous digital currency and and widespread, legal usage is hard to imagine together. There's simply no way governments would allow that, so regula
by kbart 11y ago
Yes. Fully anonymous digital currency and and widespread, legal usage is hard to imagine together. There's simply no way governments would allow that, so regulations of digital currencies is only a matter of time. Yes, I know that argument that "physical money is anonymous too", but that's not the same, physical money has physical constraint and you can't transfer huge amount of them around the world in a matter of seconds. Furthermore, a crackdown on real money has already started(1, 2 etc)..
1. http://www.euronews.com/2015/12/16/cash-losing-its-currency-sweden-prepares-to-bid-farewell-to-physical-money/ http://www.euronews.com/2015/12/16/cash-losing-its-currency-...
2. http://www.theguardian.com/world/2016/feb/08/german-plan-prohibit-large-5000-cash-transactions-fierce-resistance http://www.theguardian.com/world/2016/feb/08/german-plan-pro...
- abishekk92 11y agoI think Monero fits in nicely in such a scenario with its view key. They call it private, but optionally transparent. The regulators can ask to "view" a transaction.