[738292748]

Well yeah, there's no need to defend it. Literally nothing would change. I'm just against bullshit arguments such as

"any random shitcoin did this, therefore BTC goes in the same bag," or

"no! We should absolutely live in a totalitarian dystopia and have governments that track every move we make. God forbid <money launderers> <terrorists> <some other bullshit>"

[AlexandrB]

> no! We should absolutely live in a totalitarian dystopia and have governments that track every move we make.

Ironically, cryptocurrency will usher in governments tracking every penny we spend since it's all public on a distributed ledger.

[1vuio0pswjnm7]

More likely, so-called "tech" companies will be the ones most interested in tracking every move/transaction, a practice already familiar to them, as they can put that information to commercial use, selling online ad services. Unlike the government, they have invested in the infrastructure to gather personal information about citizens and use that information _for profit_. Nor are they bound by the same restrictions on use of collected data from citizens and laws that can potentially protect citizens against government spying. If a government wants the data from "track every move" it's guaranteed they will, to the extent they feel the need, try to have Big Tech provide them with the information they seek. History has shown they have already been quite successful at getting the information they want with Big Tech's assistance. It's only going to get continually easier as more and more information becomes centralised in a few Big Tech companies.