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> The whole point of sanctions is to pressure bad actors to change. This argument seems completely non-sensical to me. Western governments have been arguing f
by oceanplexian 5y ago
> The whole point of sanctions is to pressure bad actors to change.
This argument seems completely non-sensical to me.
Western governments have been arguing for 3+ decades that we do business with countries like China because integrating them into the global economic system will encourage them to change. But now we're making the same argument that we need to expel Russia from the global economic system because it will encourage them to change. What? At least crypto doesn't flip-flop on what it's moral or ethical purpose is. It's just a tool and an exchange of value, not a weapon.
- danaris 5y agoThey're the same argument. The sanctions mean nothing if you haven't already integrated the countries into the global economic system, because they won't be losing anything. I'll grant the implementation leaves a lot to be desired, but the principle is quite sound.