Re:In our cashless society, we need to take digital jail ser...
by inter_netuser on Wednesday February 23, 2022 @08:35AM
(#30440783)
It's not a technological problem.
They'll just pressure all businesses not to accept your crypto.
Just the airlines, banks, any payment processor, any gold bullion dealers, any supermarkets, any restaurants, any car rentals, any car dealers. Probably can be done in less than 10 lines of regulation. Nobody is going to risk jail for your crypto.
What then? You are going to invent some tech that will somehow make totalitarian government impossible?
This is why cryptocurrencies were invented in the first place. They were supposed to emancipate us by providing private and anonymous digital cash that's free from government and bank control. Most of them failed at actually protecting us from anything but there are projects out there that are still trying, such as Monero. We should support these technologies instead of trying to turn back the clock.
We need to reject them instead. Just start using cryptocurrency for everything and cut them out.