The world is rapidly drifting into a global electronic police state, where anything and everything we do is recorded, analyzed, scrutinized, etc. We used to be able to use normal cash to buy things. Now, cash transactions are prohibited for most things in america. Soon all cash will become illegal. This is normal cash. Without a crypto replacement for cash, the world will be controlled by people who know what everybody else is doing with their money.
- very well said, James!
And I can see that and agree with jl777's thought, it is well said... but would a government agent who supported the NSA agree with that? Just seems to me like I could see them being unhappy about it and arguing that people who use them have criminal intent or something along those lines. Can you name some legitimate reasons you'd want some transactions to remain anonymous though?
I have a UK account but wouldn't use it. .. Mine was blocked just because I went on a online shopping spree. Had a phone call claiming to be the fraud team ...
- I don't want any phone calls. I want to spend my money as I want, not as NSA or government agent wants.