I very much support the policy. Anonymous money pretty much serves one thing uniquely well which is avoiding the law, sanctions, laundering money, buying drugs or funding crime and I don't think any society has interest in having these markets exist outside of the purview of the state.
it's apparent, that money launderers, drug buyers, criminals communicate using words
I don't want to ban words and I don't want to ban money. But society very well can demand that there is no shadow financial system that avoids obligations everyone else has to comply with.
the ugly truth is that they have no power over the bitcoin network and their ideas will not reach consensus from miners
that's why they're to attacking the middlemen instead
Crypto is trivial for a functioning government to regulate, until we all live in the Matrix.
The ability to have a monetary policy is a bonus and it's the reason centralized money is price stable. If you were paid your salary in bitcoin on May 1st this year you would've lost 50% of that at the end of the month, good luck paying your rent
In addition to the original crime and legibility discussion as a practical means of transaction crypto is volatile, expensive and slow.
That statement makes no sense. Crypto transfer fees are not a percentage of the transferred amount.
And around $2400 for etherium. Which means that in the common use as a payment it will be more expensive. On top of that you get into questionable situations if the shop owner wants to charge differently because of the fee as that is already disallowed for plastic cards.
Have you looked at fees on crypto "currencies" lately?
The best price my friends could get sending fiat from country a to country b recently was 10 euros (with Wise) other options were 30+ euros. Keep in mind, this was for a few thousand. The fee would go up the higher the amount was.