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Truly unpopular opinion: Untraceable coins should have no future and are dangerous to democracy.

All Cryptocurrencies

by COINS NEWS 204 Views

I know people here like privacy, but if cryptocurrencies go mainstream then if have to be traceable. So many countries have one (or more) of theses problems:

  • Corruption in public procurement.
  • Political party funding with injustificated money
  • Secret lobby.
  • Narco-states.
  • Super rich who do not pay taxes.
  • Bribery.

And the list go on. And as example, look what happen in Argentina:

Former Secretary of Public Works (at the time) JosΓ© LΓ³pez was found with a bag with ~ $ 9 million that was hidden in a church.

With Monero (as example) these things would never be public and corruption would go unpunished.

submitted by /u/cirnoout
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