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The issue with cryptcurrency is it's twitter for your bank account. Everything you do is public to everyone. Imagine there was a database where given the serial
by ianmiers 8y ago
The issue with cryptcurrency is it's twitter for your bank account. Everything you do is public to everyone. Imagine there was a database where given the serial number on a $20 bill, you could look up everywhere it's been ( and watch where it goes).
That's cryptocurrency. The database is the blockchain. Anonymity is essential to make sure anyone, including your boss or ex boyfriend cannot stalk you with your payments. Once we ensure that ( I.e. we get the privacy of the existing banking system), then we can talk about what the gov should and shouldn't see.