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That protocol runs on computers owned by people who live in a legal jurisdiction. The protocol doesn't run in some parallel dimension. The people who run nodes
by lern_too_spel 5y ago
That protocol runs on computers owned by people who live in a legal jurisdiction. The protocol doesn't run in some parallel dimension. The people who run nodes are subject to laws, and the people who interact with nodes are subject to laws.
You've been confused into thinking that laws can't apply to them merely because laws haven't yet been written to apply to them. Now that governments feel they have a reason to write these laws, the laws are being written. In the early years of the Internet, purchases on the Internet were not taxed. That does not mean they couldn't be taxed, despite what many people thought.
- randomhodler84 5y agoThis meme forever: https://i.redd.it/ca4fwtln57h81.png https://i.redd.it/ca4fwtln57h81.png We live on different planets. I don’t think you even understand where I am coming from.
- lern_too_spel 5y agoI don't think you understand how the law works ir how Bitcoin works. I clearly understand how Bitcoin works, having studied the protocol 10 years ago. Warren also clearly understands how Bitcoin works, having written the bill with Levien's help.
- deleted 5y ago[deleted]