> governments simply have to make it illegal to transact anonymously
How? Are you suggesting that every single government in the world would collude together to ban crypto?
What if, at least one of those probably western, countries chooses to make the simple decision of not being a parody of a distopian government?
Then other governments who have chosen to be a storybook parody of distopian would be unable to tell the different between these legally anonymous transactions that are in the normal country that is allowing these transaction, and between illegal transactions that are not in that country.
They couldn't simply watch the blockchain, as 1 country is defecting by not acting like an absurd example of a totalitarian government that is in no way similar to how modern day western countries act.
> You don't need to control a currency if you can control anyone who holds it.
But multiple absurd totalitarian governments that pop up overnight wouldn't be able to control everyone who owns crypto, as there would certain be countries that decide to make the simple decision of not acting like a story book parody of an evil government.
How? Are you suggesting that every single government in the world would collude together to ban crypto?
What if, at least one of those probably western, countries chooses to make the simple decision of not being a parody of a distopian government?
Then other governments who have chosen to be a storybook parody of distopian would be unable to tell the different between these legally anonymous transactions that are in the normal country that is allowing these transaction, and between illegal transactions that are not in that country.
They couldn't simply watch the blockchain, as 1 country is defecting by not acting like an absurd example of a totalitarian government that is in no way similar to how modern day western countries act.
> You don't need to control a currency if you can control anyone who holds it.
But multiple absurd totalitarian governments that pop up overnight wouldn't be able to control everyone who owns crypto, as there would certain be countries that decide to make the simple decision of not acting like a story book parody of an evil government.