Putting our transaction data in a gazillion different RMDBs run by private companies looking to curry favor with law enforcement is no solution. In fact, State accounts are better because the Federal Reserve has far less reason to give a fuck what the goons in the FBI think.
But if you really want privacy, than any sort of money as persistent-account-balances is a red flag, and you want something like that instead.
Putting our transaction data in a gazillion different RMDBs run by private companies looking to curry favor with law enforcement is no solution. In fact, State accounts are better because the Federal Reserve has far less reason to give a fuck what the goons in the FBI think.
But if you really want privacy, than any sort of money as persistent-account-balances is a red flag, and you want something like that instead.