Good post, don't forget it's also useful (and needed) to eliminate the corrupt use of public founds. This is a BIG problem for many countrys, i know beacause i'm from Argentina. People is tired of corrupt public funcionaries stealing the money they should protect, our money.
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You are so right! It happens everywhere. Politicians using money for vacations, meals, booze, limousine rides etc just to name a few. This would all be very visible and accessible for us all on the block chain.