Row 86022

Row ID: 86022 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 86022 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Honest question. Despite the whole, “government control bad!” aspect, what are the major downsides to a currency that is able to cut down on illicit trade and counterfeiting via better tracking? From my understanding, bribery, money laundering, and a whole host of illicit financial activities would be almost impossible in their current form under a system like this.

I can see there are obvious issues surrounding centralized control and oversight like with any resource, but I think that’s a systemic issue and not exactly a CBDC issue.

Again, I’m not saying it’s a good idea, our current system is certainly not ready for something like this, I’m just trying to gain a better understanding of the larger issues.

FieldValue
text Honest question. Despite the whole, “government control bad!” aspect, what are the major downsides to a currency that is able to cut down on illicit trade and counterfeiting via better tracking? From my understanding, bribery, money laundering, and a whole host of illicit financial activities would be almost impossible in their current form under a system like this. I can see there are obvious issues surrounding centralized control and oversight like with any resource, but I think that’s a syst…
label r/cryptocurrency
dataType comment
communityName r/CryptoCurrency
datetime 2024-05-24
username_encoded Z0FBQUFBQm5Lak1vY0NjX0JyTjFXY08yNDBCb0o2VHBweWNBR180TDFZX2hhUVhaSkdRZThfTmdVVWpnZEZ6X2dNWXVtTHkwMzNhbnVfZGpzLWZYMHBYeUF1NGZFdHYxM0E9PQ==
url_encoded Z0FBQUFBQm5Lak81LUxLQ2NmX3JBMTFoVzdHdDV4VFZ6ejVoS2N2aGtaaFlWbTVGN2w2eFN4WGJPbzNpUkRZNDFueC1IaWZrMEM5RVczNEFQM3ZINTViMjUxNklTT2taelh6MHoxcHlneXJVcjVrTjNlakRpbktXNkFZWHRGSTd5SVZ4VTBzalBJaC00RGlIVVdZTmFEZ1paMFRibXAtTmdBbGJmNG96ZG9PcE4wX1k2dUJBOGVJaWRKemJWcjF5SndUQnJtNEM5Vno0clVvUjNhT1ZWSFpHSWR4SWVTbF9vdz09

Raw Record

{
  "text": "Honest question. Despite the whole, “government control bad!” aspect, what are the major downsides to a currency that is able to cut down on illicit trade and counterfeiting via better tracking? From my understanding, bribery, money laundering, and a whole host of illicit financial activities would be almost impossible in their current form under a system like this.\n\nI can see there are obvious issues surrounding centralized control and oversight like with any resource, but I think that’s a systemic issue and not exactly a CBDC issue.\n\nAgain, I’m not saying it’s a good idea, our current system is certainly not ready for something like this, I’m just trying to gain a better understanding of the larger issues.",
  "label": "r/cryptocurrency",
  "dataType": "comment",
  "communityName": "r/CryptoCurrency",
  "datetime": "2024-05-24",
  "username_encoded": "Z0FBQUFBQm5Lak1vY0NjX0JyTjFXY08yNDBCb0o2VHBweWNBR180TDFZX2hhUVhaSkdRZThfTmdVVWpnZEZ6X2dNWXVtTHkwMzNhbnVfZGpzLWZYMHBYeUF1NGZFdHYxM0E9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak81LUxLQ2NmX3JBMTFoVzdHdDV4VFZ6ejVoS2N2aGtaaFlWbTVGN2w2eFN4WGJPbzNpUkRZNDFueC1IaWZrMEM5RVczNEFQM3ZINTViMjUxNklTT2taelh6MHoxcHlneXJVcjVrTjNlakRpbktXNkFZWHRGSTd5SVZ4VTBzalBJaC00RGlIVVdZTmFEZ1paMFRibXAtTmdBbGJmNG96ZG9PcE4wX1k2dUJBOGVJaWRKemJWcjF5SndUQnJtNEM5Vno0clVvUjNhT1ZWSFpHSWR4SWVTbF9vdz09"
}
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