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Right there could be other ways to achieve that, but the regulations you are a fan of prevent it. >> Want to transact online with no ID? >Nope, and there are
by aww_dang 4y ago
Right there could be other ways to achieve that, but the regulations you are a fan of prevent it.
>> Want to transact online with no ID?
>Nope, and there are great reasons that this sort of thing is generally not allowed.
It is true that I generally dislike regulation, but the same regulations you advocate for are the same regulations preventing the functionality provided by crypto. You then try to make the largest possible exaggeration, by asserting that I am against all regulations, therefore you cannot engage in the discussion. Backpedal. Yet you are supporting these same regulations, in this same thread.
Binary thinking? Strawmen? You construct the premises which make it impossible, then call it a strawman. You set these premises and then call it black and white, all or nothing.
Perhaps a more reasoned argument would be outlining how you intend to reduce regulatory overhead so state backed debt instruments can compete with cryptocurrency on the merits.
As you are preoccupied with the moral ills (energy consumption, voluntary transactions) of specific cryptocurrencies, it would behoove you to explain how the incentives of central bank currencies can be changed. Ideally they wouldn't be used for morally perilous outcomes like war, or in your case, excessive energy use by the military.
Otherwise, what are you advocating for here? What are the practical alternatives to cryptocurrency? Engage in the discussion.