Topic: If crypto in the future is the world currency, what about the government? - page 2. (Read 417 times)

Crypto is not just about currency, anonymity is the core, and I think government can aid to safeguard the anonymity of its citizens by using and encouraging the use of services such as TOR. Dejectedly, there are many applying weary rhetoric against strong cryptocurrency and end-to-end facilities. They cannot stop the use of these technologies, just as if they cannot stop every drug trader on our street(s). However, the same is factual of any borderline, and the lone approach any of us can have a say in its future is by embracing things along the way. Government already distinct precisely the line among legal and illegal constituents. They have been able to exploit a weakness in order to de-anonymized people. People should not do anything stupid and I am sure they will not find you. In my opinion, the government have no dwelling on the internet and common sense does, they have always strained to prohibition of freedom on the internet and we should not give them any reason(s) to.

I'm no expert on this subject(rather quite a noob), but I'm thinking about the way crypto currently offers semi-anonymousness to people.
I know there are 'fully' private coins, but hard to see that become the main currency-crypto.

If we somehow manage to move away from the current fiat system, in any timeframe - 5, 10, 30 years -
how do people imagine the system will work? Will there still be a government in control, and knowing everyone's wallets?
If so, did we really progress in the right direction with crypto, if all it does is basically provide the government with an open ledger?

In a way, it seems like this would result in criminals being 'more criminal', and again, more damaging for regular people.
A bit like limiting guns and such, where regular people no longer can protect themselves, while criminals still has access to weapons.
If crypto becomes mainstream, wouldn't this mean the government, as well as any type of like advertising companies etc - could easily see exactly what 'regular' people are doing with their money?
People would need some type of wallet to receive salaries etc, which probably would be required to be known by the government to be legal.
In terms of privacy, decentralization, trustless etc - isn't this kinda the opposite of the goal?

I do understand there are alternatives and ways to combat this, but - personally - I find it hard to believe that 'regular' people truly would adopt any crypto currency as the norm, without some type of government 'support'.
I mean, people who barely knows how to send an email, won't really go through monero for their purchases?

Anyone care to share their opinion? Is there maybe some good articles about this?
Again, I'm no expert, I believe in crypto and importance of privacy, decentralization, immutability and so on -
I'm simply curious on what we could expect if crypto did overtake fiat somehow.