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\section{Introduction}
-The design of payment systems shapes economies and societies.
-Strong, developed nation states are evolving towards transparent
-payment systems, such as the MasterCard and VisaCard credit card
-schemes and computerized bank transactions such as SWIFT.
-These systems enable mass surveillance by both governments and
-private companies, chilling customer activity~\cite{???}.
-Aspects of this government control benifit the economy, by enabling
-taxation. Also, bribery and corruption are limited to elites who
-can afford to escape the dragnet.
+The design of payment systems shapes economies and societies. Strong,
+developed nation states are evolving towards transparent payment
+systems, such as the MasterCard and VisaCard credit card schemes and
+computerized bank transactions such as SWIFT. These systems enable
+mass surveillance by both governments and private companies. Aspects
+of this government control benefit the economy, by enabling taxation
+(also called anti-money laundering). As a result, bribery and
+corruption are limited to elites who can afford to escape the dragnet.
At the other extreme, weaker developing nation states have economic
-activity based largely on coins, paper money or even barter.
-Here, the state is often unable to effectively monitor or tax economic
-activity, and this limits the ability of the state to shape the society.
-As bribery is virtually impossible to detect, corruption is widespread
-and not limited to social elites.
+activity based largely on coins, paper money or even barter. Here,
+the state is often unable to effectively monitor or tax economic
+activity, and this limits the ability of the state to shape the
+society. As bribery is virtually impossible to detect, corruption is
+widespread and not limited to social elites.
%
ZeroCoin~\cite{miers2013zerocoin} is an example for translating an
anarchistic economy into the digital realm.