Criminals will keep using real crypto, even if it’s illegal, because they’re criminals. The public will get bad crypto and fall further victim to crime and mass surveillance.
It’s a terrible idea and it’s pretty much as simple as that.
It’s a terrible idea and it’s pretty much as simple as that.
On the flip side, this opens the door to mass hacking by criminals and foreign entities, which is why this is a fucking terrible idea. Not to mention that it basically destroys privacy and fosters mind censorship, because people will be afraid to search for what they are looking for.