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It can be anonymous and you will have to present an evidence that certain transaction belongs to you only when the situation requires it. Government can ensure
by john_minsk 6y ago
It can be anonymous and you will have to present an evidence that certain transaction belongs to you only when the situation requires it. Government can ensure information split at the time of registration and then dictate that only warrant can allow to link the 2.
Anyway, the ability of governments to identify their citizens is technological problem. Overall during our history we agreed to potential of being identified by governments. Tech brings new tools to them. I wish they could adopt them quicker.
Overall we shouldn't be afraid of new tech and more reliability. But what we need is the system that will be future proof in terms of balance between individual and big entities even if their technological ability to identify you is near perfect.
- kansface 6y agoAssigning some bytes to a person is easy, but how do you authorize transactions? People will not keep a secret... secret. People will not remember a secret. People will lose cards. Smart phone adoption is maybe 75% in the US. Many people do not have internet access, a phone line, or even electricity! People have all sorts of disabilities, many can't read, and many still don't have permanent housing or even an address. The technology is the easy part.