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The biggest mismatch in "needs" here is the apparent "need" of some people to be able to conduct substantial financial dealings without any government being abl
by danaris 5y ago
The biggest mismatch in "needs" here is the apparent "need" of some people to be able to conduct substantial financial dealings without any government being able to either see what's going on or step in if it's blatantly illegal, while most people consider that to be detrimental to the overall functioning of a healthy society.
If you don't want to be part of our modern society, then please go find a way to do so away from all of us who do. Until and unless you separate yourselves from us entirely—including no longer taking advantage of our government-supported infrastructure, our government-supported education, our government-supported enforcement of property rights, and our government-supported military—you don't get to claim a right to evade either our laws and regulations around economic activity, or our taxes.
- sweetbitter 5y agoIf you wish for people to stop seeking the protection of their civil liberties, perhaps then you should stop attempting to undermine those civil liberties through the likes of secret courts and secret laws, warrantless mass surveillance, warrantless seizure of property, proprietary software, and other various techniques that western oligarchs have pushed in the interest of preventing so-called "terrorism".
- jqpabc123 5y ago* ... apparent "need" of some people to be able to conduct substantial financial dealings without any government being able to either see what's going on ...* And crypto mostly fails in this regard. Blockchain maintains a permanent record of everything that goes on for anyone to see.
- danaris 5y agoWell, right. As soon as governments around the world manage to pull their heads out of their collective asses (which some are already doing) and genuinely try to understand cryptocurrencies, they start regulating them like any other asset. The "Wild West" of crypto is a historical aberration that will absolutely not last.
- jqpabc123 5y ago* ... they start regulating them like any other asset.* Government should start by auditing "stable coins". What do you think would happen to the crypto market if they did this?
- danaris 5y agoHonestly, I don't pretend to understand the distinction between "stable coins" and other cryptocurrencies well enough to feel confident answering that question.