Ninjastic
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Board Economics
Re: Canada warns its citizens to only buy marijuana with cash
by
Apple Mac
on 21/12/2018, 18:05:06 UTC
Quote from: hatshepsut93 on December 19, 2018, 10:29:44 PM
Source: https://www.mtlblog.com/news/canada/the-government-of-canada-is-now-officially-warning-canadians-to-buy-legal-marijuana-with-cash-to-protect-their-personal-information

In my opinion these are quite interesting news, as we often talk here how all the governments only want to replace cash, because they want to monitor all transactions, but it seems to be more complex than that. Privacy can protect people from criminals and malicious outside actors, and I think the benefits are far more important than some small number of criminals getting away with crimes.

In this light, crypto can find its place in economy as "digital cash", and some governments might officially recognize it.


Well I thinl the main reason for this was, Bitcoin holds anonymity, and this feature was barely a characteristic of a bitcoin already, we can't remove that, and if buying marijuana will be allowed given with the stated crypto it will cause so much disturbances to the equilibrium that they were trying to keep right, I am saying that illegal buying and using will be a main problem if this will be promoted so better in cash as an order for them.