3 ms·
Also obfuscating money can be important for an individual's safety. For example for victims of domestic abuse or human rights activists in repressive countries.
by secfirstmd 6y ago
Also obfuscating money can be important for an individual's safety. For example for victims of domestic abuse or human rights activists in repressive countries.
- CryptoPunk 6y agoAlso the safety of individuals against government overreach, like people living in Xinxiang or Hong Kong. Non-political checks on the power of the state, like cash and its electronic corollary, private digital currencies, are needed in case of the failure of the political system to prevent the state from becoming oppressive. An institution like physical cash can be powerful/deeply-embedded enough to survive totalitarian governments.