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On the other hand the governments benefiting most from strong public key cryptography enabling cryptocurrency are dictatorial ones like North Korea using it to
by cma 4y ago
On the other hand the governments benefiting most from strong public key cryptography enabling cryptocurrency are dictatorial ones like North Korea using it to launder past sanctions. For private personal communications you can use symmetric or one time pad since you can exchange keys/pads in person and quantum hasn't been shown to put that at risk (and even has enhanced flavors of them that are even more secure).
- xiphias2 4y agoNorth Korea launders most of its money through US banks (billions) compared to tens of millions going through cryptocurrencies. I worked very hard for many years and payed taxes legally and bought Bitcoin 100% legally through regulated exchanges so it's quite boring to me that money laundering comes up all the time. Most of the money that governments steal are made by tax abiding hard working citizens, not dictatorships that destroyed all their wealth.