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by BlackRing 2583 days ago
A non-federally controlled pseudo-anonymous currency similar to cash has the positive upside of enabling digital privacy in spite of the blockchain. That's why. There are still trustworthy tumbler services to obfuscate and hold your bitcoins similar to a bank. And with what some claim, inarguably so, of government overreach and corporate over-sharing of your personal data, it's something I can sympathize with.
1 comments

Similar to a bank as in a guaranteed insurance of my funds, like the FDIC in the US?
FDIC is the government overreach the parent was talking about.

It's also a relatively new thing.

People who cry about government overreach seem to rarely ponder why it is there in the first place. Well, TFA shows why.

TFA?
The eFfing Article (as in RTFA, "read the effing article"). I.e. the thing we're all discussing here.
Thanks.