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submitted 3 weeks ago by bot@lemmit.online to c/monero@lemmit.online
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The original was posted on /r/monero by /u/redditreader1234567 on 2024-10-14 23:50:19+00:00.


Haveno, Atomic Swaps, and FCMP are all great plans for future advancements.

However, in the future, governments worldwide will likely use AI to monitor blockchains for criminal activity and tax evasion. This could merely serve as an excuse to increase surveillance on everyone, and anyone using Monero could be perceived as engaging in criminal activity.

I also foresee that these governments will eventually mandate the conversion of all fiat currencies to Central Bank Digital Currencies (CBDCs) by a specific deadline, possibly in response to a global cyberattack or some other orchestrated event.

After this deadline, physical paper fiat money will no longer be accepted. At that point, what will Monero be used for? We won’t want Bitcoin, and paper fiat currency will no longer exist.

I don’t see anyone in the Monero community discussing this. Will governments around the world do this, and will it affect our beloved freedom coin?

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this post was submitted on 15 Oct 2024
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