4 ms·

>Digital payments does present a uniquely frictionless route for tyrannical governments to assert power should they ever decide to weaponize it…unlike paper mon

>Digital payments does present a uniquely frictionless route for tyrannical governments to assert power should they ever decide to weaponize it…unlike paper money which is harder to control. This is true, and there's already a proposed law to ban paper money in Brazil.

lillecarl 1y ago
Digital payments also present a uniquely frictionless route for a functioning democratic government to tax goods and build a better society
- pembrook 1y ago
  Yes, all governments are honest, non-corrupt, and never abuse power.
  - lillecarl 1y ago
    No, but abusing a payment system makes little sense. If people don't trust it they won't use it and then it serves no purpose. Incentives between government and people can have overlap