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by jonhohle 1888 days ago
> digitize the whole infrastructure and make transparent all the public spending with details of details of the details all the way down to where the money currently is, all that is including large loans.

This is a use case for Bitcoin/crypto I hadn’t previously thought of. The public auditability is exactly the reason I don’t think it’s good for citizen use cases, but it seems perfect for government use cases. There’s an issue of how revenues get accurately added to the ledger, but tying a transaction to say an ID generated when a return is submitted would make it possible to track one’s own payment.