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> It's [crypto] the only way you can buy a 4chan pass for example Sure, I said "It's way, way more likely I can just use another credit card company, a debit c
by camgunz 5y ago
> It's [crypto] the only way you can buy a 4chan pass for example
Sure, I said "It's way, way more likely I can just use another credit card company, a debit card, Venmo/Cash App/PayPal". There are zillions of products, you named one for which there's very little demand, it looks like we agree.
> Well right now we have bitcoin where there is high anonymity and the government has no power over.
At least the US government regulates BTC. Lots of people have been arrested for violating finance laws re: BTC. The US could easily outlaw BTC or mandate further regulation. BTC is also not at all anonymous, the only thing that makes it "anonymous" is a tumbler.
> In a government payment system they would have the power to freeze accounts and track transactions. I don't see how that's a worse system in regards to fighting crime.
> You completely misunderstood my original claim...
Yeah, sorry again I wanted to dispute your 1A claims. Insofar as your idea of nationalizing a payment infrastructure and using a blockchain, I guess that's fine. I broadly think most things don't make sense as markets, and in democratic societies people should nationalize almost everything. However, I don't think blockchain should be involved because it's generally junk tech. It's like, yet again a normal database would be just fine.