WOULD YOU GIVE YOUR WALLET TO THE GOVERNMENT TO HOLD AND ASK THEM TO GIVE IT BACK EACH TIME YOU NEED IT? TOTAL SURVEILLANCE: -EVERY TRANSACTION TRACEABLE. -NO
MORE FINANCIAL PRIVACY.
SPENDING CONTROLS:
-GOVERNMENTS COULD RESTRICT WHAT YOU BUY-OR FREEZE YOUR FUNDS.
SILENCING DISSENT:
-FINANCIAL CENSORSHIP COULD TARGET
PROTESTS OR POLITICAL VIEWS.
-NO DUE PROCESS: ACCOUNTS COULD BE FROZEN INSTANTLY, WITHOUT LEGAL CHECKS. DIGITAL CURRENCY
IS NOT CANADIAN