Comment by OGWhales
3 years ago
My concern with digital payments is the elimination of cash. Having the ability to transfer value without it being monitored or blocked is an exceptionally useful property of paper money.
3 years ago
My concern with digital payments is the elimination of cash. Having the ability to transfer value without it being monitored or blocked is an exceptionally useful property of paper money.
As long as the US continues to have large numbers of unbanked/underbanked, that isn't a possibility.
Well, it's still possible with barter goods, just a lot harder. Isn't there a cryptocurrency that's actually private too? (I know Bitcoin is not)
Monero. It's not perfect of course.
But you might buy things the government doesn’t want you to have. Real meat? Nope. Religious texts? Nope.
Or participate in activities the government doesn’t want you to participate in. Canadian trucker protest? Nope.
Which government is that? Even Russia values religious faith as a pillar for misinformation.
China, notably: https://en.wikipedia.org/wiki/Religion_in_China#Anti-metaphy...
While not an outright ban on religion per se, there is continued state pressure against religion: https://en.wikipedia.org/wiki/Antireligious_campaigns_of_the...