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All of those things can be tracked and confiscated - crypto is a lot harder. It's volatile, but it's significantly more secure against state actors.
by MillenialMan 5y ago
All of those things can be tracked and confiscated - crypto is a lot harder. It's volatile, but it's significantly more secure against state actors.
- otterley 5y agoYes, and they should be, in order to deter and punish crime.
- ghostwriter 5y agowho defines what a crime is? Isn't it the same government that at some point decides to confiscate your assets? https://en.wikipedia.org/wiki/Kulak https://en.wikipedia.org/wiki/Kulak
- stiltzkin 5y agoIt is actually less harder than FIAT (except Monero), if you want to track spending of corrupt politicians, not fungible cryptocurrencies as BTC are great tools.
- MillenialMan 5y agoYou still need to attach final wallet(s) to the user, but in any case, I assume they would use Monero (or another privacy coin).