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Thanks. Just so that I can close the mental loop here: because "the state" is smaller, things like sanction control also matter less/will be handled differently

Thanks. Just so that I can close the mental loop here: because "the state" is smaller, things like sanction control also matter less/will be handled differently, hence privacy can be stronger?

ETH_start 4y ago
I'd say the decision by a state to enact sanctions is orthogonal to the size of the state. With respect to sanctions, I think targeting financial transactions would be less appealing to policy makers if it didn't align with broader income tax enforcement goals and couldn't utilize the controls set up for that purpose.