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> Shutting down Coinbase, however, will have no effect on bitcoin or the people who use it. You all are more than free to continue to associate with each other

> Shutting down Coinbase, however, will have no effect on bitcoin or the people who use it. You all are more than free to continue to associate with each other. As long as you're not breaking any preexisting federal laws (let's be honest: most of you are). It's the normie and Wall Street market we are targeting. Good luck maintaining the bull run, sweetheart.

jessaustin 5y ago
It would be precious for you to suggest you might have some effect on "Wall Street". It's called "capitalism" because capital is in control; "democracy" would imply something else. Most humans break USA federal laws every day. That's the point of USA federal laws: if they couldn't be used to destroy any person at any time then the billionaires would come up with something else. At the same time, if rope is being sold, why wouldn't they sell it? Cops are sometimes surprised the first time they realize who they work for, but if you stick around you'll learn. The most precious thought is that one might think to reign in authoritarian capitalists by attacking the one thing created in the last century that has a chance of actually undermining authoritarian capitalism. You don't actually think that, because ITT we see plenty of evidence you're on the other side of this conflict.
- chitowneats 5y ago
  You’re well aware I’m not talking about opening your neighbor’s mail, or any other "crimes" that are still on the books but never prosecuted. When I refer to the federal crimes that are committed daily by crypto enthusiasts, I’m talking about blatant tax evasion that makes the Panama Papers look like child’s play. In a sane world, none of it would be possible. Soon enough.
  - jessaustin 5y ago
    Do you propose that Bezos should pay his taxes at the same rates my neighbors and I pay? That sounds good, but I don't see what it has to do with bitcoin. Do you allege that he is hiding income by not reporting it? It has been my impression that he prefers instead to hire people to write the tax law in his interests. You keep focusing on the enforcement itself rather than the goals we hope to accomplish via enforcement. I infer that you have a special fascination for enforcement, but please understand that many people do not share this special fascination with you.
    - chitowneats 5y ago
      Just a special distaste for the crypto crowd. Who somehow manage to moralize all day about "authoritarian capitalism" while skimming off everyone in society with their tax avoidance scam. I'm inclined to say Jeff Bezos is no better. But then I remember he and his companies have actually produced some innovations that are legitimately beneficial.

jessaustin 5y ago

It would be precious for you to suggest you might have some effect on "Wall Street". It's called "capitalism" because capital is in control; "democracy" would imply something else. Most humans break USA federal laws every day. That's the point of USA federal laws: if they couldn't be used to destroy any person at any time then the billionaires would come up with something else. At the same time, if rope is being sold, why wouldn't they sell it? Cops are sometimes surprised the first time they realize who they work for, but if you stick around you'll learn. The most precious thought is that one might think to reign in authoritarian capitalists by attacking the one thing created in the last century that has a chance of actually undermining authoritarian capitalism. You don't actually think that, because ITT we see plenty of evidence you're on the other side of this conflict.

chitowneats 5y ago
You’re well aware I’m not talking about opening your neighbor’s mail, or any other "crimes" that are still on the books but never prosecuted. When I refer to the federal crimes that are committed daily by crypto enthusiasts, I’m talking about blatant tax evasion that makes the Panama Papers look like child’s play. In a sane world, none of it would be possible. Soon enough.
- jessaustin 5y ago
  Do you propose that Bezos should pay his taxes at the same rates my neighbors and I pay? That sounds good, but I don't see what it has to do with bitcoin. Do you allege that he is hiding income by not reporting it? It has been my impression that he prefers instead to hire people to write the tax law in his interests. You keep focusing on the enforcement itself rather than the goals we hope to accomplish via enforcement. I infer that you have a special fascination for enforcement, but please understand that many people do not share this special fascination with you.
  - chitowneats 5y ago
    Just a special distaste for the crypto crowd. Who somehow manage to moralize all day about "authoritarian capitalism" while skimming off everyone in society with their tax avoidance scam. I'm inclined to say Jeff Bezos is no better. But then I remember he and his companies have actually produced some innovations that are legitimately beneficial.