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Are Bitcoin and Anonymous Payments Beneficial for the World?
Assuming that a flawless system for
payments (APs) were to exist, the anonymity this system offers would be beneficial to society.
APs put less control in the hands of banks and governments and more freedom in the hands of ordinary citizens.
AP would result in better data privacy and protection for ordinary citizens.
Funding anti-establishment causes that keep the financial or political elites in check is greatly helped by APs.
Some business sectors would benefit from APs.
APs enable criminals.
Ordinary citizens do not need APs for everyday life.
APs have harmful side effects beyond their use as currency.
APs make governments' operations more complicated and costly.
Are Bitcoin and Similar Cryptocurrencies Good for the World?
Is Bitcoin (and/or other Cryptocurrencies) Superior to Fiat Currency?
Is Bitcoin's Worth Entirely Speculative?