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In Which Ivanka Trump Blatantly Violates Executive Branch Standards of Ethical Conduct

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JC17/15/2020 4:24:39 pm PDT

re: #286 KGxvi

True, but at least in the modern world, currency is backed by the full faith and credit of governments.

And governments can choose to hyperinflate said currency with the stroke of a pen. Crypto appeals to some precisely because it’s free of government interface, at least in theory.
I’m not a crypto evangelist, and I think that the whole Bitcoin experiment will end poorly, but there are many legitimate uses for anonymous transactions. Just because you’re not doing anything illegal, doesn’t mean that you want a paper trail that any bank or government can follow. Additionally, it’s a PITA to send money to certain countries due to various controls, even if it’s to a relative or for a perfectly benign reason; crypto makes sense in those cases.