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> I mean, what if the world's billionaires are eventually forced to transect on a public blockchain? That’s never going to happen because the technology is not
by jolux 5y ago
> I mean, what if the world's billionaires are eventually forced to transect on a public blockchain?
That’s never going to happen because the technology is not going to get that far. How do you have effective monetary policy with a deflationary currency? Governments and central banks are not going to willingly give up that power, nor should they. Blockchain currencies just do not make sense on the macroeconomic level.
Moreover we already have solutions for investigating financial crime, it would be much easier to improve policy and enforcement there than overhaul our economy for what would be at best an indirect benefit.