Plus it is permanent. I know that some people may not like that, but it means that you know for certain if money was transferred to you that it cannot be undone.

Here’s another interesting idea: retailers and bankers in general require a lot of information about you for the sole reason that they can prove it is really you making the transaction.

If using Bitcoin though, who cares? As long as the money is sent, it does not matter because there is nothing to dispute.

So for a service, just send the crypto and use whatever email account as an identifier. If you are buying a physical object, why should you provide anything other than an address to ship to?

Of course it isn’t that simple because the government “must” know all this information for its own purposes, but it could be that simple, which is amazing.