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I actually disagree. I think that democratic society should have the tools to wage economic warfare in the same way that they can wage kinetic warfare. Saying t

by boc 5y ago

I actually disagree. I think that democratic society should have the tools to wage economic warfare in the same way that they can wage kinetic warfare. Saying that it's "too bad" that Russian citizens are locked out of international financial transactions misses the point that they received that punishment because their nation invaded another nation. The social contract that citizens sign with their government doesn't guarantee them the right to untraceable global wealth. You have to use the currency of your nation to pay taxes and support your society. The Russian oligarchs that have profited from decades of draining wealth from the Russian people are potentially able to move their money via crypto, and you see efforts to stop that as "worrisome"? A world where currency isn't under the influence of nations is one where warfare is more likely to be waged by the oligarchs who feel none of the consequences.

Teever 5y ago
> The social contract that citizens sign with their government doesn't guarantee them the right to untraceable global wealth. You have to use the currency of your nation to pay taxes and support your society. Actually up until recently the social contract has anyone could put an anonymous coin into a newspaper box and pick up a news paper to read as much as they want without anyone knowing which articles they read and what they thought about them. Now we live in a world where the very basic act of consuming media is meticulously analyzed by hundreds of entities and logged for all time and that massive and that obsessive stalking behaviour is making its way into all of our transactions as we switch to digital payments. This wasn't the social contract I was born into and that goes the same for the current majority. I'm all for regulations that and actual enforcement of existing regulations against wealth people but don't try and tell me that the extension of digital surveillance to everyday little people transactions is anything more than a blatant power grab of unprecedented levels.
- pjkundert 5y ago
  Sure it does. If you're one of the government-connected elites. Unlimited amounts of zero-tax wealth in non-extradition tax-free states. Just look at the Panama Papers. If you're a working-class slob, you get to pay 50%+ tax on every dollar you earn, and then get your after-tax money in your bank account frozen if you dare to contribute to a cause you believe in.
landemva 5y ago
' The social contract that citizens sign with their government ...' I do not consent to your fake contract that gets changed every couple years. No thank you.

by boc 5y ago

Teever 5y ago

> The social contract that citizens sign with their government doesn't guarantee them the right to untraceable global wealth. You have to use the currency of your nation to pay taxes and support your society. Actually up until recently the social contract has anyone could put an anonymous coin into a newspaper box and pick up a news paper to read as much as they want without anyone knowing which articles they read and what they thought about them. Now we live in a world where the very basic act of consuming media is meticulously analyzed by hundreds of entities and logged for all time and that massive and that obsessive stalking behaviour is making its way into all of our transactions as we switch to digital payments. This wasn't the social contract I was born into and that goes the same for the current majority. I'm all for regulations that and actual enforcement of existing regulations against wealth people but don't try and tell me that the extension of digital surveillance to everyday little people transactions is anything more than a blatant power grab of unprecedented levels.

pjkundert 5y ago
Sure it does. If you're one of the government-connected elites. Unlimited amounts of zero-tax wealth in non-extradition tax-free states. Just look at the Panama Papers. If you're a working-class slob, you get to pay 50%+ tax on every dollar you earn, and then get your after-tax money in your bank account frozen if you dare to contribute to a cause you believe in.

landemva 5y ago

' The social contract that citizens sign with their government ...' I do not consent to your fake contract that gets changed every couple years. No thank you.