Most scammers targeting your retired parents know how: play store or other vouchers you can buy in the super market. In Europe a standard free IBAN money transfer probably does not lead to much spying either. The biggest use case for this kind of privacy crypto privides is the 'freedom' to do things not legal in your country. I am actually happy to live in a world with limited freedom at times although there is certainly room for improvement ( I do not consider crypto currency as one )
I disagree with your statement about cryptos biggest use case. However I also want to point out that legal can vary a lot between countries. There is at least one third world country where a woman can't even get an abortion without risking life in prison. If cryptocurrencies can help people who don't have equal rights with more privacy in such situations then I am all for it.
> I disagree with your statement about cryptos biggest use case.
Then look at the numbers, besides speculation, which isn't really a "use case", that vast majority of cryptocurrency transactions are ransomware, coin washing, illegal purchases and currency control evasion.
> If cryptocurrencies can help people who don't have equal rights with more privacy in such situations then I am all for it.
> There is at least one third world country where a woman can't even get an abortion without risking life in prison. If cryptocurrencies can help people who don't have equal rights with more privacy in such situations then I am all for it.
What an extreme red herring? Even the most private cryptocurrencies are less private than the cash that such people use today for such transactions.
I agree with you about the legal landscape in many parts of the world. However, I really do not think that without having seen any numbers that crypto really betters human rights ( I guess violation of them would be the only reason why in which local legislation/constitution should be ignored) . It will be a tool mostly for the oppressors I in many undemocratic countries to circumvent things like sanctions.
> In Europe a standard free IBAN money transfer probably does not lead to much spying either.
Sorry to be the bearer of bad news, but this is just flat out wrong.
Also sorry I'm not able to provide tangible proof other than I have personally witnessed and been affected by the exact opposite of what you claim.
IBAN transactions big and small are extensively monitored and not on a one-by-one basis but rather used to paint a clear picture of economic actors and their interactions.
