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But why? I don't understand why "account transaction visibility" is the thing that will negate the need for government-backed currency?
by lbotos 7y ago
But why?
I don't understand why "account transaction visibility" is the thing that will negate the need for government-backed currency?
- bureaucrat 7y agoBecause governments could regulate this currency. With improving blockchain analysis technologies, they can watch, audit and impose tax. The only thing lacking is the control by the government.