Re:India built the biggest digital payments miracle: Now com...
by account42 on Tuesday August 18, 2026 @11:02AM
(#49346682)
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.
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.