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Cash is anonymous as well. Exchange of cash can be anonymous. And just because something can be used in a harmful way, doesn't mean it should be illegal.
by d0lph 8y ago
Cash is anonymous as well. Exchange of cash can be anonymous.
And just because something can be used in a harmful way, doesn't mean it should be illegal.
- ThrustVectoring 8y agoCash is significantly harder to handle and move, while being easier to track. And I agree with you there. State action is useful primarily to solve coordination problems and handle negative externalities. The existence of bitcoin markets is a pretty significant negative externality due to the coercion it facilitates.
- d0lph 8y agoBut cash still exists as a potential threat right? > bitcoin markets is a pretty significant negative externality You know for a fact the benefits of bitcoin outweigh the positives? Could you share some of this data perhaps?