[borgdefenser]

We had currency secrecy in the past with physical cash. It is probably inevitable with currency secrecy that you get something like the mafia.

At least physical cash though put a constraint on the scale of the mafia.

A global, secret, digital currency will inevitably lead to organized crime on the scale of the currency. It is just an absolutely terrible idea.

The appeal is in the abstract because it is easy to ignore the downside risks in the abstract.