this post was submitted on 21 Aug 2023
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Though great privacy when used offline, which is also pretty sick and the adoption levels defies reason, it's virtually usable globally both online and offline.
Bank notes have unique identifiers allowing the government to track the path of your money. Privacy is dead
That also assumes every bill you use will be immediately returned to a bank. You'd have no way of knowing where money comes from and belongs to after one hop. Just make a purchase at the supermarket to exchange a 50 for 45 and you've got anonymous cash.
This assumes the supermarket doesn't track everything
They don't. It wouldn't benefit the corporation in any way. They'll only do what makes money and that would cost money with no return.
What if the government pays the supermarket to do it? They'd have a financial incentive, then. I could imagine this scenario in a high-security authoritarian paradigm.
You watch too much anime dude.
I'll have you know, I've watched exactly zero hours of anime this year.