20-05-2024, 10:08 AM
One of the best ways fo govt to control is to have digital currency so they have trace all transactions and make money laundering impossible. Illegal economic activity will be cease as or become traceable making it hard to be a criminal.
Thisbis analogous to putting surveillance camera everywhere to watch you. Now all your spending and transactions are logged.
It is not straightforward to argue that a completely crime less society through such monitoring is actually idea for a society because it van dial down the creative mischievous nature of human beings that has driven much of the progress when given the freedom. George Orwell tried to explain the dystopia created when govt attain such a high level of control I'm 1984. With digital currency and surveillance and ERP2.0 you can be traced and monitored by the govt.
https://www.presidency.ucsb.edu/document...tal-assets
Thisbis analogous to putting surveillance camera everywhere to watch you. Now all your spending and transactions are logged.
It is not straightforward to argue that a completely crime less society through such monitoring is actually idea for a society because it van dial down the creative mischievous nature of human beings that has driven much of the progress when given the freedom. George Orwell tried to explain the dystopia created when govt attain such a high level of control I'm 1984. With digital currency and surveillance and ERP2.0 you can be traced and monitored by the govt.
https://www.presidency.ucsb.edu/document...tal-assets