20 Stocks Held by Money Managers and a Digital Loonie
The Canadian Investor
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The Downsides of Government Privacy
The biggest one is privacy so governments could easily freeze individual accounts or first transactions and prevent the ability of individuals to spend on certain things. The second downside here it's a centralized system so there is a single point of failure which is not the case with Bitcoin where blockchain information is stored on thousands of nodes. Increase polarization increases the risk of this technology being used against citizens who don't share the same views as the government in power. If you have a dissident in China who doesn't agree with the CCP they could just block him completely from the financial system and make their lives a living hell essentially.
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