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All these apps give the government more control, that is why their use is encouraged. Bitcoin "as app" (once or if it works) will be more like cash payments, p
by eastendguy 9y ago
All these apps give the government more control, that is why their use is encouraged.
Bitcoin "as app" (once or if it works) will be more like cash payments, privacy wise. That is were I see the main advantage. I find it spooky what Visa and Mastercard now about all of us... at least about me.
- deleted 9y ago[deleted]
- bootlooped 9y ago> Bitcoin "as app" (once or if it works) will be more like cash payments, privacy wise. One massive caveat is that all Bitcoin transactions are public, traceable, and permanently stored in the Bitcoin network. In most ways it's worse than cash, in some ways it's probably even worse than credit cards.
- cryptodogemoon 9y agozk proofs supposedly resolve that issue. monereo, zcash, and eventually ethereum the concept seems to make sense but I'd be curious how to audit such an obfuscated system
- Fnoord 9y agos/monereo/Monero/