Only difference between fiat and BCH in this regard is that BCH is harder to confiscate. Monero coins cannot be considered dirty, as they are obfuscated on the protocol level.
Korean exchanges dropped all privacy coins such as Monero in order to comply with regulations.
Optional privacy, while the Monero community hates the idea, might just be the "good enough" solution we are looking for with BCH. But it must be protocol-level.
the issue is every private tx on an optional privacy chain is treated as suspicious. if you have nothing to hide you have nothing to fear line of reasoning. agree must be protocol lvl.
You'd definitely need a hard fork. And everyone would have to agree on it. Which isn't the case. Some prefer the transparent blockchain, as it supposedly make gov accountable.
People prefer transparent blockchains for that, and because tracability makes crime fighting and business auditing easier. But all of this is at the expense of privacy, and freedom.
biz & crime sound like reasonable requests, but like you said at the expense of privacy/freedom. thanks for the points. couldnt see why any one would want transparent chains
hmm, using it to keep gov accountable sounds like a ring of power argument. aka some power we can wield to keep gov in check when in reality it will be turned against the general pop
I can come to terms with optional privacy with coins like nano that couldn't support it and remain feeless due to data restrictions, but I have a harder time accepting it with BCH