4 ms·
Why would drug cartels prefer this over existing cash? I'm phrasing the question facetiously but the underlying intent is there: how is there more anonymity, u
by fatjokes 7y ago
Why would drug cartels prefer this over existing cash?
I'm phrasing the question facetiously but the underlying intent is there: how is there more anonymity, usability, etc.?
- paulgerhardt 7y agoWe're not interested in doing business with drug cartels. What is a lovely property of Kong is the only digital breadcrumb is leaves is when notes are loaded at creation and unloaded at de-circulation. Every person to person transaction of the instrument leaves no digital record or footprint. Usability is superior for new users - everyone understands how cash works.
- seandougall 7y ago> Every person to person transaction of the instrument leaves no digital record or footprint That's true of cash as well, but that doesn't mean it's totally untraceable, as bills still have serial numbers. I think what GP is getting at is, Kong notes must completely lack any sort of persistent unique identifier in order to be an improvement over cash in anonymity. Can Kong make this claim?
- james_s_tayler 7y ago>What is a lovely property of Kong is the only digital breadcrumb is leaves is when notes are loaded at creation and unloaded at de-circulation. Every person to person transaction of the instrument leaves no digital record or footprint. What problem does that solve for me though? What benefit does that afford me? Why does that matter to me?
- elil17 7y agoExcept that real cash, in comparison, has no digital footprints. Why the hell wouldn't I just use cash?