If reporting is already required for all cash transactions, then certainly it will be built into the digital USD.
And Monero miners would have a problem here too. KYC required on every transaction in every block.
Okay, so, what if you did KYC on all the inputs, but you ran a mixer such that the outputs would be obfuscated? Is that legal? What if you take outputs from a set of those mixers? Is there any legal way to provide irreversible privacy for known legal sources?
If reporting is already required for all cash transactions, then certainly it will be built into the digital USD.
And Monero miners would have a problem here too. KYC required on every transaction in every block.
Okay, so, what if you did KYC on all the inputs, but you ran a mixer such that the outputs would be obfuscated? Is that legal? What if you take outputs from a set of those mixers? Is there any legal way to provide irreversible privacy for known legal sources?