Forum Message

Topic: Reply
Posted by: Michael Ixer
Date/Time: 25/07/21 19:00:00

Another angle on this:

https://www.theguardian.com/technology/2021/jul/25/cryptocurrencies-could-lead-to-limitless-losses-for-uk-government

I'm not sure whether it's more difficult to trace cash or a cryptocurreny ? It's different, cash is bulky and has a physical presence so one could hide a lot more cryptocurreny without it being so obvious but then there are the transaction trails visible through the public digital ledger that aren't there with cash, so at least a permanent record exists (assuming the whole blockchain doesn't disintegrate).

Just crooked business people using different methods to defraud and perhaps governments being one step (or more) behind. Definitely time for regulations? Of course, there's always the Chinese option of trying to ban cryptocurrencies but I'm not sure that would work in a democracy - or even in China!


Entire Thread
TopicDate PostedPosted By
The future of money25/07/21 11:44:00 Alda Bruno
   Re:The future of money25/07/21 11:50:00 Barbara Stevens
   Re:The future of money25/07/21 12:07:00 Freddie Francis
      Reply25/07/21 12:28:00 Michael Ixer
         Re:Reply25/07/21 12:37:00 Matt Palmer
            Reply25/07/21 13:00:00 Michael Ixer
               Re:Reply25/07/21 13:15:00 Jonathan Callaway
                  Re:Re:Reply25/07/21 13:35:00 Freddie Francis
                     Reply25/07/21 13:57:00 Michael Ixer
                        Re:Reply25/07/21 16:26:00 Adam Tripp
                           Re:Re:Reply25/07/21 16:40:00 Matt Palmer
                              Re:Re:Re:Reply25/07/21 16:52:00 Alda Bruno
                                 Re:Re:Re:Re:Reply25/07/21 17:00:00 Adam Tripp
                                    Reply25/07/21 17:12:00 Michael Ixer
               Re:Reply25/07/21 19:23:00 Ed Robinson
                  Reply25/07/21 20:12:00 Michael Ixer
   Reply25/07/21 19:00:00 Michael Ixer
      Reply25/07/21 19:19:00 Martine Guy
         Cash usage in society25/07/21 19:37:00 Jonathan Callaway
            Reply25/07/21 20:13:00 Martine Guy
            Reply25/07/21 20:27:00 Michael Ixer
               Re:Reply31/07/21 13:08:00 Alda Bruno
                  Re:Re:Reply31/07/21 20:34:00 Mike Essam

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