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I find it really cute that people think that a fully transparent public ledger, where every transaction is written for all to see, is the way to escape governme
by throwawayffffas 6y ago
I find it really cute that people think that a fully transparent public ledger, where every transaction is written for all to see, is the way to escape government control.
- nprz 6y agoRemind me again what currency was used on the Silk Road for purchasing illicit goods and services. And how many of those vendors were prosecuted by the US gov?
- matheusmoreira 6y agoMonero will hopefully make it hard enough that governments can't discover the information without significant effort. They'll probably still be able to target specific individuals but perhaps we can stop dragnet surveillance of everyone.
- crocodiletears 6y agoYou take what affordances are offered when there's no hope in the future.
- uh-quan 6y agoIt is silly if by "escape government control" one means avoiding taxes, buying illegal substances, etc. But if by "escape government control" one means a currency that the government cannot interfere with to censor/stop transactions, or a currency that cannot be debased on the government's whim, the public ledger is exactly why bitcoin can do what it does.