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Yea, I was thinking more in terms of what would be good for society, regardless of current implementation. It would really help fight corruption if each state/b
by nathias 5y ago
Yea, I was thinking more in terms of what would be good for society, regardless of current implementation. It would really help fight corruption if each state/business interaction can be tracked along with all supply chains.
- godelski 5y agoYeah, but you have to make tradeoffs. If we look at pareto we can't solve everything without infinite resources. There's also the assumption that people have to be good actors. So why not instead protect individual rights? We get the benefits of cash with anonymity but a digital currency also reduces tax evasion. We can have both. But not either perfectly. You just declare your wallets on your tax forms. We could also make it tied to a citizen ID (update SSN) and presto, everyone has access to banking (in some form). Which is a great for everyone.