3 ms·
> Namely, a decentralized, private, anonymous, uncensorable, unsanctionable digital cash network. In other words, the perfect ability to money launder, evade t
by TomSwirly 5y ago
> Namely, a decentralized, private, anonymous, uncensorable, unsanctionable digital cash network.
In other words, the perfect ability to money launder, evade taxes and purchase contraband. Great.
But what would a law-abiding person do with this?
- rfd4sgmk8u 5y agoWhy would law-abiding citizens need untraceable, anonymous cash (which is used in 99.99% of crime). This is not a good argument. There are plenty of uses for privacy beyond crime. It is the equivalence of the 'you have nothing to hide' argument, which is total authoritarian bs. 'I have nothing to share'.
- matheusmoreira 5y agoWhatever a law-abiding person does. We should not be subjected to total government surveillance because someone somewhere might evade taxes or launder money. We fight hard to maintain our privacy in all fronts, there's no reason for finances to be any different.