Post
Topic
Board Economics
Re: Canada warns its citizens to only buy marijuana with cash
by
andika2018
on 28/12/2018, 05:47:27 UTC
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.

Using digital money make our transaction more transparant. If we are using crypto for every our transaction, i think its hard for government to trace the transaction but give more transprancy. I am believe crypto will regulated by government because its about technology and government must be want to apply new technology