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> no-one explains how they'll just "bypass" the financial system, tax system, government regulators or the people with guns Here's one explanation - when the p
by game_the0ry 5y ago
> no-one explains how they'll just "bypass" the financial system, tax system, government regulators or the people with guns
Here's one explanation - when the people with guns realize they are paid in a fiat currency that their bosses keep inflating for their own benefit, what do you think they will do?
Another - who will the people with guns shoot at when they can't identify an anonymous crypto wallet?
- JumpCrisscross 5y ago> when the people with guns realize they are paid in a fiat currency that their bosses keep inflating for their own benefit, what do you think they will do? Same thing that happens in Venezuela. You pay your army in real assets and hard currency. > who will the people with guns shoot at when they can't identify an anonymous crypto wallet? Which is a false assumption, given recent history.
- game_the0ry 5y ago> Same thing that happens in Venezuela. You pay your army in real assets and hard currency. Venezuela proves my point - it's a borderline failed state where the government is very, very fragile. > Which is a false assumption, given recent history. You may be referring to the Colonial Pipeline hackers. When hackers implement strong crypto opsec, it is impossible to catch them.[1] Dumb and careless criminals get caught all the time, there are a lot more that don't. [1] Use wasabi or samourai for coinjoins. Run a full node. Use a wallet with coin control and labelling. Buy from Bisq. Or use Monero.
- JumpCrisscross 5y ago> hackers implement strong crypto opsec, it is impossible to catch them Take out the word "crypto" and this statement is equally true. Law enforcement probably won't catch a criminal with good opsec whether they're using cash or Bitcoin or bags of cocaine.