Comment by ivell
12 hours ago
AFAIK, in India, payments more than Rs. 50k is tracked.
In anycase, the governments have the capability, what remains is just the intend. And we see how intends could change at the whim of a leader.
12 hours ago
AFAIK, in India, payments more than Rs. 50k is tracked.
In anycase, the governments have the capability, what remains is just the intend. And we see how intends could change at the whim of a leader.
Governments have a monopoly on violence and thus technically the ability to do whatever they want. But it matters how theoretical that ability is and how publicly apparent misuse of the ability will be. Having all transactions flow through the government makes abuse both trivial and invisible to the public.