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>I thought that was obvious, apologies: anonymous payments. That isn't a legitimate use case. Cash is still largely superior at anonymous transactions, and it
by only_human 4y ago
>I thought that was obvious, apologies: anonymous payments.
That isn't a legitimate use case. Cash is still largely superior at anonymous transactions, and it always will be because every crypto transaction inherently leaves a rather large paper trail. This can be obfuscated with cryptography techniques but can't be totally eliminated, traditional network tracking still goes a long way.
>Do you also require an example of why anonymous payments are useful to non-criminals?
No because they largely aren't. Any activist use case you think you have is disproportionately benefiting criminals. The larger the sum of money they're trying to launder, the more they gain from this. The problem with your line of thinking is that "anonymous payments" isn't actually a feature, it's the default state of things. Big corporations and shady governments would absolutely love to not tell anybody anything about what they're spending money on unless they can put a marketing spin on it. The transparency, accounting and reporting requirements are things that society built because we acknowledge that those who have large amounts of money have more power and therefore deserve more scrutiny.