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I'd wager a guess that if a crypto-dollar emerges it will be a Monero-like currency with an additional set of private read/write keys controlled by the some set
by dumbfoundded 5y ago
I'd wager a guess that if a crypto-dollar emerges it will be a Monero-like currency with an additional set of private read/write keys controlled by the some set of government agencies. The US government doesn't want everyone having the transaction data. Exclusive access is much valuable than a public ledger.
- grappler 5y agoI think that battle is happening now. This is a good time to push for the kind of digital currencies we want, and against the ones we don't.
- dumbfoundded 5y agoIn terms of how we fight, I don't think any existing cryptocurrency community is providing any help. IMO, the way to help is to empower our democracy such that it represents the will of the common person. Getting people to vote and reversing decisions like Citizens United feels much more potent than any current or proposed protocol. A government is simply a corporation with a monopoly on the business of violence. Democracy is unique in that it's a corporation owned by the employees. Let's make it work for us instead of trying to beat or force its hand through tech. That won't work.