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I think this article is a very nice example of why the US is superior (or at least I think is superior) to China. The political system that allows someone (or s
by csomar 6y ago
I think this article is a very nice example of why the US is superior (or at least I think is superior) to China. The political system that allows someone (or some entity) uninhibited power over its citizens, institutions, companies and rights; or the political system where power is fragmented and people need to converge toward a solution (through potential infighting in a big building), need to convince other people using words (through media, lobbying, NGO work, etc...), and need to accept compromises with people who have wildly different ideas and ideals than theirs.
The author positioned himself as the sole source of truth. Then, as a judge, deemed all cryptocurrencies and their operators as an evil. Then, wants to use the full powers of the United States (judicial, police, regulators, diplomatic) to enforce his ruling.
It's not even clear why this author should have any authority? He doesn't have any projects, ran any companies (or any mentions of that) or did any significant academic work. His whole blog is a crypto rage: https://www.stephendiehl.com/blog.html https://www.stephendiehl.com/blog.html
- ur-whale 6y ago> His whole blog is a crypto rage Indeed, and that makes it quite hard to to pay any attention to what he has to say or read to the end of the article.
- RhodoGSA 6y ago>t's not even clear why this author should have any authority? He doesn't have any projects, ran any companies (or any mentions of that) or did any significant academic work. Search alittle deeper and you see why he hates crypto so much. He's CTO of Adjoint: "Adjoint Treasury is a real-time payments and settlement platform for corporate treasury" A.K.A, Crypto is stealing his thunder.