Several countries with governments that, far from showing transparency, have done everything “from behind”, to enrich the members of political parties

Very true. Blockchain technology can be used as an anti-corruption tool and I am sure the welfare programs, anti-poverty programs will reach to the poor properly and it will not be preyed upon by the middleman, mafias, etc.

I think that cryptocurrencies have been in the market for quite some time, and their very nature points to decentralization, therefore, I doubt that they fall into regulations and bureaucracies corresponding to a more traditional economy.

Technically a decentralized asset can not be with state control, sovereign rights. The better way is that the central Banks implement CBDC and allow a friendly regulation framework so that the decentralized asset can be able to trade with CBDC. That way it will be more transparent and the state will still have control with CBDC and value transfer will happen both ways to create market & business opportunities.

Thank you.

#twopercent #india #affable