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I am not American and don't trust the American government to control my money or to keep it away from Putin or Bulgarian criminals, so it gains nothing. But if

I am not American and don't trust the American government to control my money or to keep it away from Putin or Bulgarian criminals, so it gains nothing. But if it was implemented by a reputable government that respects privacy and implements the convenience of most crypto-currencies than I would take it, for sure.

mastax 9y ago
To ask more specifically: what benefit does a cryptocurrency give you if you still need to trust a central entity? Some guesses of mine: - Could be easier to trade than forex (though I don't think this is currently the case with crypto) - A centralized ledger may reduce the information that individual financial institutions need to store - Blockchains are generally tamper-resistant databases - Blockchain's may be easier to police for e.g. fraud As a consumer, most of those are 'not my problem'. What benefit do you anticipate?