With so many new blockchains coming on a daily basis, do you think there will also be a time when government will decide to open a public blockchain ? If yes, would they prefer to operate identity based blockchain or something else ?
I do not expect a complete abandonment of the paper money at the moment. If there is the possibility of using the Blockchain by the central banks, I do not think there is anything that prevents governments from creating their own cryptos.
Definitely will not be anonymous currencies and users will be linked to their ID.
Nor do I expect there to be a high transparency for each system.
If governments own identity based blockchain, government will be able to monetize this data and help the world become tax free ? Anyways people are talking about 'basic universal income' in the world of Artifical Intelligence (future).
I do not expect governments to give up taxes and since these currencies will be central, I think taxes will be deducted more easily.