Again however, when looking at this situation narrowly, Bitcoin SuperSplit appear to look like currency. Treating cryptos as currency can be damaging because this situation may blur the lines between what is an exchange measure and what is a trade measure. While trade measures fall under the jurisdiction of the WTO, exchange measures, by contrast, fall under the IMF.
Privacy and anonymity were chief concerns for early cryptocurrency proponents, and remain so today. Many cryptocurrency users employ pseudonyms unconnected to any information, accounts, or stored data that could identify them. Though it’s possible for sophisticated community members to deduce users’ identities, newer cryptocurrencies (post-Bitcoin) have additional protections that make it much more difficult. In the long run, many economists and political scientists expect world governments to co-opt cryptocurrency, or at least to incorporate aspects of cryptocurrency (such as built-in scarcity and authentication protocols) into fiat currencies.
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