“You responded by saying Monero improves privacy.”
I did not mention Monero at all!
I pointed out that “rule of law & democracy” did OK before the recent modern era of massive, preemptive, general-warrant-like financial surveillance. And that level of surveillance may in fact endanger “rule of law & democracy”.
“Why not try passing strong consumer protection laws that ban companies from collecting and selling data on financial transactions as well as tighter restrictions on the access that law enforcement has on this data?”
You are welcome to try that. Why don’t you start in China, Venezuela, Russia, Saudi Arabia, Cuba, Nicaragua? Or even Egypt, Turkey, Iran, Brazil, or India? Protecting financial privacy in those places would help show if your “pass a strong consumer protection law” plan might work.
Even in a country where such a law might have a chance, it’s a fragile protection, & ineffective against most abuses by the state itself. Much better is: built-in, inherent, classic privacy.
I did not mention Monero at all!
I pointed out that “rule of law & democracy” did OK before the recent modern era of massive, preemptive, general-warrant-like financial surveillance. And that level of surveillance may in fact endanger “rule of law & democracy”.
“Why not try passing strong consumer protection laws that ban companies from collecting and selling data on financial transactions as well as tighter restrictions on the access that law enforcement has on this data?”
You are welcome to try that. Why don’t you start in China, Venezuela, Russia, Saudi Arabia, Cuba, Nicaragua? Or even Egypt, Turkey, Iran, Brazil, or India? Protecting financial privacy in those places would help show if your “pass a strong consumer protection law” plan might work.
Even in a country where such a law might have a chance, it’s a fragile protection, & ineffective against most abuses by the state itself. Much better is: built-in, inherent, classic privacy.