Digital Currencies Allow You to Protect Your Privacy!

It is a known fact that traditional banks store massive databases tracking all of your account activity in the name of "know your customer" and "fighting the war on drugs" and more recently "the war on terrorism." In reality, we all know that banks conveniently use those databases to sell information about their customers spending habits to other companies, and governments use that data to find excuses to confiscate your money and property. So, not only does your government have access to all of your spending habits, but so does any individual or organization who is willing to pay for it. Most Digital Currencies are housed in "capital-friendly" jurisdictions with strict privacy protection laws. For someone to get your account information they have to obtain a court order in the country where your Digital Currency is headquartered. This means that true crimes can be prosecuted, but your privacy will remain intact if you are just an average law-abiding customer. Think of it as guaranteeing yourself the right to "due process". Furthermore, it is impossible to use digital currencies for money-laundering. You have to spend your national money (such as US dollars) through an exchange agent in order to purchase Digital Currency in the first place. Since exchange agents all have accounts at banks with anti-money-laundering practices in place, this means that all money used to purchase digital currencies is theoretically "clean". Clean money in, clean money out!