Post
Topic
Board Bitcoin Discussion
Re: United we stand, divided we fall - the coming rise of cryptofiat
by
fair_player
on 19/02/2016, 11:29:06 UTC
With the current fiat system the government can not only monitor the flow of money but they do not necessarily need to tell a suspect of a crime the extent of the evidence against him (or what the government may be able to uncover in the future) which would give a suspect an incentive to confess if they have committed a financial crime. Bitcoin takes that possibility and this is really an important thing to be considered.