Can't all Governments require vendors to collect KYC for Bitcoin transactions and we'll just all be fucked? They already check ID's for credit card transactions. I think we need to assume cash will go away and everything will be tracked so that we can start talking about next steps sooner than later.
Discussion
vendors wont have to kyc is the money does the kcying for them. As for Bitcoin, it was a lot easier to sell BTC for fiat the last 15 years than it will be the next 15 years.
There is nowhere to keep secret your wallet anymore . But talking about crypto , why CBDC need it? We don’t need them , cause all crypto transactions is actually transparent in the block chain ! There is no need of control there for fraud as all the transactions written in the blockchain . Everyone can see it .
The difference is that the CBDC is controlled by the central bank and the government. They do not need a transparent system. They need one THEY can control.
"money reigns the world and he who controls the money controls the crowd"