That’s a pipe dream. Like „untraceable, not-controlled-by-banks, decentralised currency bitcoin“. As soon as it becomes popular, it gets regulated.
Yes, it’s stupid. But it’s the reality of things.
Yes, it’s stupid. But it’s the reality of things.
The point is it's regulated irrespective of the government's maturity. If it only works under a mature government, it's superfluous as a social tool. (Technology usually is.)
The governments have also regulated cocaine. It didn’t work there, either.
And, before it gets popular and regulated, it gets overrun by criminals?
Definitely the case with Bitcoin. I don't know about ProtonMail, though.
Bitcoin's 'criminal' use is/was 95% narcotics. In a world without a superficial 'war on drugs', where a state had no right to tell a citizen what to put into their own body, no user, no dealer would be criminal.
If you wish to fight crime, the solution might not be to 'make more things criminal', but to 'make less things criminal'.
On the other hand, I have been using bitcoin for cross-border value transfers where banks would have taken ridiculous fees, and I have used bitcoin for online micro-transactions where setting up other payment systems would have been expensive.