>>"The only thing that crypto is really good for is having an _auditable system of account_, which isn't possible in the current financial system with centraliz

>>"The only thing that crypto is really good for is having an _auditable system of account_, which isn't possible in the current financial system with centralized creation of debt." THIS is the reason the central banks are anti crypto.... is it will provide an auditable ledger (irrespective of anonymity) which threatens the money laundering currency. There are other levels of currency laundering that have been used for eons ; 'Art' and 'Humans'. (and the currency used at the even higher levels than that)