Galaxy Digital CEO advocates creating a crypto wallet that allows government remittances and privacy protection for citizens

Galaxy Digital CEO Mike Novogratz believes that every citizen should have a "privacy-protected" digital currency wallet linked to all levels of government. However, Twitter users are not enthusiastic about his ideas. Many people questioned the benefits of wallets linked to the government. In this regard, Mike Novogratz explained to BeInCrypto, "I advocate a privacy-preserving wallet / identity that is not controlled by the government but the government can send money." Affected by the new coronary pneumonia, the number of deaths continues to rise, and isolation measures have become the norm in various countries The central bank is increasingly creatively striving to keep the economy running in chaos. He believes that at such a crisis time, a government-related cryptocurrency wallet will be useful. This technology can indeed simplify the distribution of financial assistance to citizens.