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Why do you feel it's a currency's place to (help) enforce the law? If all you can think of for things "people don't want tracked" is "crime" I don't think you'
by phil21 10y ago
Why do you feel it's a currency's place to (help) enforce the law?
If all you can think of for things "people don't want tracked" is "crime" I don't think you've thought about the problem set very long.
It's incredibly damaging to never have "things be in the past". One thing experience has taught us is that any electronic records generated will be kept indefinitely regardless of policy or law.
I just don't understand folks who seem to be completely ok with any agency remotely curious in you being able to re-construct your entire spending history over your life. You might just be so boring you can't imagine hiding anything, but I think you're in the minority.
This is also ignoring the additional transaction taxes private institutions put upon the entire consumer economy. All this so you can maybe do away with some crime (I just think payments will transition and simply cost more) for what amounts to convenience and security. As with all things, I think making that trade ends in long-term ruin.