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Why are comments in the form of putting words into someone's mouth which they didn't say, so pervasive? The blog says "reign in and regulate", not "ban". But,

Why are comments in the form of putting words into someone's mouth which they didn't say, so pervasive? The blog says "reign in and regulate", not "ban". But, to address your point, because they're good arguments. "We need to regulate $thing" has saved lots of lives. No longer can you sell plain river water to drink, dump sewage directly back into rivers, dump industrial waste into rivers, build houses which collapse, build hotels with no fire consideration, build using asbestos, make buildings with electric wiring without circuit breakers, adulterate food with sawdust and plaster, sell products with lead paint, burn leaded gasoline in places where people breathe, and on and on and on. That's progress; try things, filter out the things which are badder than they are good.

robot_no_419 6y ago
The author has multiple articles calling for an outright blanket ban on all cryptocurrencies. So in the author's own words, he is calling for a ban on all cryptocurrency.
- jodrellblank 6y ago
  In this article being discussed the author's own words are: "'legislation and intervention in the financial system at only the level nation states can act. The free flow of money from US banks to cryptocurrency exchanges is the root cause and needs to halt'" Which is a call for regulating, not banning. If you want to use something different which the author said somewhere else, to back some other point and say that it outweighs what the author says here, then actually do all those things. What are the author's own words elsewhere, where, and what point are you trying to make by vaguely gesticulating towards them?
  - robot_no_419 6y ago
    How about this article, titled "The Political Case for a Blanket Cryptocurrency Ban"? https://www.stephendiehl.com/blog/banbitcoin.html https://www.stephendiehl.com/blog/banbitcoin.html The author is extremely prolific and vocal about his support for outright banning cryptocurrency. It's all over his blog, it's all over his Twitter. He is proud to admit it. It could have taken you 30 seconds to verify what I was saying, but instead you chose to double down on your ignorance.
    - jodrellblank 6y ago
      That article doesn't call for a ban? It says: The most expedient actions would be fourfold: Halt all wire transfers of dollars in and out of cryptocurrency exchanges. Halt foreign entities trading in dollar cash-equivalent crypto assets. Add Chinese and other foreign cryptocurrency exchanges hiding in tax-havens to sanctioned entities lists. Regulate the sale of any existing cryptocurrency assets to US persons by classifying them as securities investment contracts moving forward. If you can still sell existing cryptocurrency assets, and exchanges still exist, that's not banned, is it? > "It could have taken you 30 seconds to verify what I was saying, but instead you chose to double down on your ignorance." I'm asking what relevance your comment has. "He calls for a ban" - so what? Make a point.
      - deleted 6y ago
        [deleted]
      - robot_no_419 6y ago
        Here is a tweet where he literally says "crypto should be outright banned": https://twitter.com/smdiehl/status/1391655510760431617 https://twitter.com/smdiehl/status/1391655510760431617 There, can you stop being so obtuse now? You are wrong. My point is that the author is calling for a ban and that nobody was putting words in his mouth, as you suggested.
        jodrellblank 6y ago
        > "There, can you stop being so obtuse now?" It isn't "obtuse" to ask you to back up your sneering with evidence. It also seems to have no relevance to this thread and "why arguments of this kind are so common"?
scg 6y ago
> reign in and regulate Crypto is heavily regulated at least in the US, Western Europe and huge swaths of Asia. Exchanging to/from fiat can only be done through entities subject to KYC, AML laws, and OFAC regulations. Additional regulations are coming - see "travel rule". Bitcoin is infinitely more traceable than cash. Here's one of the most popular software routinely used by law enforcement to trace crypto payments: https://www.chainalysis.com/ https://www.chainalysis.com/. Tumblers / mixers, etc. have only limited cloaking power.
- VectorLock 6y ago
  >Crypto is heavily regulated at least in the US Most of these criminals perpetrating ransomeware aren't in the US or Western Europe.

robot_no_419 6y ago

The author has multiple articles calling for an outright blanket ban on all cryptocurrencies. So in the author's own words, he is calling for a ban on all cryptocurrency.

jodrellblank 6y ago
In this article being discussed the author's own words are: "'legislation and intervention in the financial system at only the level nation states can act. The free flow of money from US banks to cryptocurrency exchanges is the root cause and needs to halt'" Which is a call for regulating, not banning. If you want to use something different which the author said somewhere else, to back some other point and say that it outweighs what the author says here, then actually do all those things. What are the author's own words elsewhere, where, and what point are you trying to make by vaguely gesticulating towards them?
- robot_no_419 6y ago
  How about this article, titled "The Political Case for a Blanket Cryptocurrency Ban"? https://www.stephendiehl.com/blog/banbitcoin.html https://www.stephendiehl.com/blog/banbitcoin.html The author is extremely prolific and vocal about his support for outright banning cryptocurrency. It's all over his blog, it's all over his Twitter. He is proud to admit it. It could have taken you 30 seconds to verify what I was saying, but instead you chose to double down on your ignorance.
  - jodrellblank 6y ago
    That article doesn't call for a ban? It says: The most expedient actions would be fourfold: Halt all wire transfers of dollars in and out of cryptocurrency exchanges. Halt foreign entities trading in dollar cash-equivalent crypto assets. Add Chinese and other foreign cryptocurrency exchanges hiding in tax-havens to sanctioned entities lists. Regulate the sale of any existing cryptocurrency assets to US persons by classifying them as securities investment contracts moving forward. If you can still sell existing cryptocurrency assets, and exchanges still exist, that's not banned, is it? > "It could have taken you 30 seconds to verify what I was saying, but instead you chose to double down on your ignorance." I'm asking what relevance your comment has. "He calls for a ban" - so what? Make a point.
    - deleted 6y ago
      [deleted]
    - robot_no_419 6y ago
      Here is a tweet where he literally says "crypto should be outright banned": https://twitter.com/smdiehl/status/1391655510760431617 https://twitter.com/smdiehl/status/1391655510760431617 There, can you stop being so obtuse now? You are wrong. My point is that the author is calling for a ban and that nobody was putting words in his mouth, as you suggested.
      - jodrellblank 6y ago
        > "There, can you stop being so obtuse now?" It isn't "obtuse" to ask you to back up your sneering with evidence. It also seems to have no relevance to this thread and "why arguments of this kind are so common"?

scg 6y ago

> reign in and regulate Crypto is heavily regulated at least in the US, Western Europe and huge swaths of Asia. Exchanging to/from fiat can only be done through entities subject to KYC, AML laws, and OFAC regulations. Additional regulations are coming - see "travel rule". Bitcoin is infinitely more traceable than cash. Here's one of the most popular software routinely used by law enforcement to trace crypto payments: https://www.chainalysis.com/ https://www.chainalysis.com/. Tumblers / mixers, etc. have only limited cloaking power.

VectorLock 6y ago
>Crypto is heavily regulated at least in the US Most of these criminals perpetrating ransomeware aren't in the US or Western Europe.