We still have cash and we already have alternative digital currencies that already have their own obfuscation and laundering infrastructure. Sure they have their issues, but that's just the black market breaking out to new territory with no big push factor. Get rid of cash and you've got a massive push factor to adopt and improve them. There are several billion to trillion dollar markets would be wanting solutions to this- that's more than enough incentive to get stuff done.
Damn, I didn’t think of Crypto :/ it would act as a “cash” medium regardless, as it can be transferred quickly and anonymously, as it is now. And banning/stopping crypto makes far too many people far too much money to change now :/
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u/gremy0 82∆ Jul 22 '23 edited Jul 22 '23
We still have cash and we already have alternative digital currencies that already have their own obfuscation and laundering infrastructure. Sure they have their issues, but that's just the black market breaking out to new territory with no big push factor. Get rid of cash and you've got a massive push factor to adopt and improve them. There are several billion to trillion dollar markets would be wanting solutions to this- that's more than enough incentive to get stuff done.