Besides Vincenzetti being an idiot for other reasons, the idea of a traceable bitcoin isn't as bad as you make it.
Imagine if we had such a system managed by the central banks of governments in addition to their paper fiat, together with a law that makes its usage mandatory for _companies_ over a certain size.
There would be no more banks in the loop to hide shady practices, and no more room for big corporations to avoid taxes and money laundry from illegal activity, no more splitting of companies into subdivisions so that a small mailbox on some island makes billions while the rest is officially broke.
The general population would still retain their anonymous paper (which is actually anonymous, not pseudonymous like bitcoin) and if you're too lazy to do your tax report on paper and give a shit about somebody else knowing about your transactions (because lets face it, people give all their data to credit-card companies and payback bonus point systems already) you can use the digital fiat too.
no more room for big corporations to avoid taxes and money laundry from illegal activity, no more splitting of companies into subdivisions so that a small mailbox on some island makes billions while the rest is officially broke.
That is sadly wishful thinking.
These practices are well known and carried out in the open today.
Imagine if we had such a system managed by the central banks of governments in addition to their paper fiat, together with a law that makes its usage mandatory for _companies_ over a certain size.
There would be no more banks in the loop to hide shady practices, and no more room for big corporations to avoid taxes and money laundry from illegal activity, no more splitting of companies into subdivisions so that a small mailbox on some island makes billions while the rest is officially broke.
The general population would still retain their anonymous paper (which is actually anonymous, not pseudonymous like bitcoin) and if you're too lazy to do your tax report on paper and give a shit about somebody else knowing about your transactions (because lets face it, people give all their data to credit-card companies and payback bonus point systems already) you can use the digital fiat too.