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Can you summarize what the real advantage of digital currencies are? What does it enable that the current system doesn't?
by nine_zeros 6y ago
Can you summarize what the real advantage of digital currencies are? What does it enable that the current system doesn't?
- throwaway743 6y agoAdvantage for governments is more control. For citizens, not much. Should the virus be around during this push, it'll be promoted as a "safer alternative" to physical cash.
- nine_zeros 6y agoHow is there more control for government? Just that it cannot be printed into currency? Because even now, most wealth is in banks and government can freeze them when they want to.