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Comment by xref

> The "anonymity and privacy inherent in the cryptocurrency system are what draw individuals, particularly those with illicit intentions, towards its use,"

1) people vastly overestimate how much “anonymity and privacy” cryptocurrency gives them (spoiler: far less than using paper money)

2) I’ve never liked this line of reasoning because it’s the same argument for why encryption should have government backdoors.

parent xref 2 years ago

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