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Rustmilian , (edited )
@Rustmilian@lemmy.world avatar

It was designed to be an ultimate check on the government's authority to steal from their citizens through inflation. And anybody who tells you different is either a damn liar or has an agenda.

Unfortunately that's just not how most crypto currency is designed. Really, most crypto currency are essentially an extremely volatile private bank with a user-federated money printer.
Most are just an obfuscation of global inflation and yet still highly influenced by governments.
Allowing governments to track the transactions makes crypto basically just a crappy version of credit cards.

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