[dreit1]

> Having completely anonymous money sure benefits some small businesses (mostly those living in places with bad institutions), but it also enables a lot of very questionable businesses and people.

I'm not in favor of this argument at all. The internet has incredible benefits, but enables a lot of bad actors. Encryption has incredible benefits but enables a lot of bad actors. Lots of good things also enable bad things, that doesn't mean we shouldn't allow them.

Outside of third world or financially repressive countries, cryptocurrencies are great for "global citizens." I have done contract work while living in a different country, for clients in other countries, both parties have found it much easier to pay each other using cryptocurrencies as opposed to fiat.

[candiodari]

The problem is that when it comes to governments and bad actors.

The difference, at times, is murky. Even in the west.