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RE: ...

in #blockchain8 years ago

I feel like it's inevitable that governments end up using cryptocurrencies. I hope, like I'm sure many other do, that in the process our privacy isn't lost. Surely there will still be some private cryptos to store money in, but just the thought of using a government crypto kinda worries me.

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Although if you really think about it, how much different would a "government crypto" be than fiat money - which essentially just funny-money printed in thr central banks' computer system...?

True that. No different, except now they can keep track of everything...

Crypto-whatever is just another form of keeping track of everything. They already do that - since long before the Nazis who were apparently legendary at it.

I'd be more afraid of Brazil Buttle/Tuttle type typo crypto mistakes.