Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Economics
Re: Canada warns its citizens to only buy marijuana with cash
by
Nissan-GTR
on 30/12/2018, 19:08:19 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.

That's true, although Bitcoin possesses different and widely influencing advantages, I think this community has still a limitation which needs to be monitored like when it comes to marijuana, since here it doesnt required processes from the government which may be a reason for the drug syndicates to abused the power of Bitcoin which we dont want to happen.