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Comment by greesil

2 days ago

So the best part about being bribed with crypto is if one flees to another country to escape the law, one still has the aforementioned bribes. That plus some measure of anonymity.

Anonymity is the one thing cryptocurrency does not do well. It's much harder to sieze but much easier to trace.

  • Ethereum does it just fine

    • Maybe I should have said naturally rather than well. It's true that if privacy is your focus you can implement a Blockchain that achieves it, but at it's core Blockchain is a ledger of transactions that anyone can audit- privacy is not a natural outcome of that technology.

      Which IMHO is a positive - no private transactions means corruption gets much harder, and that's always been a core selling point of the technology to me.