You can track coins, but not prevent their spend. You can prevent the coins being converted back into fiat on government regulated trading platforms, but nothing prevents their use in the digital world. Only specific entities that are government controlled could choose not to give you the services you paid for if you used one of these coins. But there are always other people outside the reach of the Fed today that will accept your coin.
That's not the point. Governments can PROSECUTE YOU FOR THE CRIMES THEY MAKE UP, and traceable money is therefore their biggest wet-dream since the invention of the database.
Nobody, and I mean nobody, is arguing that electric-tulips can't have value as currency.
If you are worried about being prosecuted, or losing your license, or any other regulatory infraction, then you are government controlled by definition. There are people in other countries not affected by that. However, nobody can stop anyone SPENDING the coin. A government can only prevent you from delivering services after receiving it.
You can track coins, but not prevent their spend. You can prevent the coins being converted back into fiat on government regulated trading platforms, but nothing prevents their use in the digital world. Only specific entities that are government controlled could choose not to give you the services you paid for if you used one of these coins. But there are always other people outside the reach of the Fed today that will accept your coin.
That's not the point. Governments can PROSECUTE YOU FOR THE CRIMES THEY MAKE UP, and traceable money is therefore their biggest wet-dream since the invention of the database.
Nobody, and I mean nobody, is arguing that electric-tulips can't have value as currency.
If you are worried about being prosecuted, or losing your license, or any other regulatory infraction, then you are government controlled by definition. There are people in other countries not affected by that. However, nobody can stop anyone SPENDING the coin. A government can only prevent you from delivering services after receiving it.
"If you are worried about...."
--I want to live on your resort island far from the long arm of the thieving madness.