So Alice pays X amount to Bob at Y time, that's all you know, now what happened here? what did Alice pay for?, who is Alice? who is Bob? So many questions and no answers.
There's only one transaction between Alice and Bob, and the amount is the amount they sent between each others, not the full wallet balance. This is because Alice and Bob are not dumb enough to not follow best practice which has been standard in almost every wallet for years now, which is to generate a new public address for every transaction. You haven't followed the development it seems.
Besides, in terms of taxation and public spending, a public chain with reused addresses would be a great way for people to see exactly how their tax money is spent.
Snowden was pushing Monero - I am pretty sure this is the base for some iteration of the CBDC the central banks are pushing .. I would be wary about it
So Alice pays X amount to Bob at Y time, that's all you know, now what happened here? what did Alice pay for?, who is Alice? who is Bob? So many questions and no answers.
There's only one transaction between Alice and Bob, and the amount is the amount they sent between each others, not the full wallet balance. This is because Alice and Bob are not dumb enough to not follow best practice which has been standard in almost every wallet for years now, which is to generate a new public address for every transaction. You haven't followed the development it seems.
Besides, in terms of taxation and public spending, a public chain with reused addresses would be a great way for people to see exactly how their tax money is spent.
Snowden was pushing Monero - I am pretty sure this is the base for some iteration of the CBDC the central banks are pushing .. I would be wary about it