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Friday 29 May 2020

Anonymity Enables State Corruption?

This is a logical fallacy when applied to BCH since it assumes that a state is some how forced to use a crypto that is hostile to it's financing of covert illegal actions.

It also has never been the case historically since state corruption predates the existence of bitcoin and does not require it. Look up the Bank of Credit and Commerce International (BCCI) as an example.

So anonymity in a crypto currency provides possibly the only option for remittance to individuals without the resources a state or criminal organization have.

So anyone attempting to make this argument is naive or just outright attempting to deceive you into abandoning privacy features for crypto systems.

submitted by /u/meatloaf-toaster
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from Bitcoin - The Internet of Money https://ift.tt/3erUBwg

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