Because banks are not transparent.

CN
Phyrex
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1 hour ago

Because banks are not transparent, many countries also do not wish for their banks to be transparent. In fact, this reasoning is similar to that of blockchain; some people hope that blockchain will be more transparent, transparent enough to know the identity corresponding to each individual's address.

However, I think banks themselves are not afraid of blockchain. Those who should be "afraid" of blockchain are the governments that control the banks. For example, if we know the addresses of certain evil organizations, we can see those banks, those countries, and even pinpoint the individuals who transfer money to those organizations.

Banks are not visible to the public; it is enough for the government to see them, but when it comes to blockchain, once you discover the fundraising address of a certain terrorist organization, you can trace it to that chain, that exchange, or even that wallet through which the transfers were made.

As a result, one of the addresses was found to be that of a central bank of a certain country, which is quite amusing.


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