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Nobody likes homelessness, but do people care about it enough to vote for people with an agenda for it or pay for it to change? And no, technologies do not fre

Nobody likes homelessness, but do people care about it enough to vote for people with an agenda for it or pay for it to change? And no, technologies do not freely diffuse through societies, some stuff remains pretty firmly in highly policed boxes when the cost of letting it run free is deemed to high (can you just go buy nuclear weapons, for example?). Who is to say that the cost of banning crypto would be too high - I have not seen the evidence for that (also not really for a ban, either)? That is a political decision, not a technical one. And, yes, there can be bad decisions with really high costs, no doubt.

roenxi 4y ago
> ...do people care about it enough to vote for people with an agenda for it... Yep. Happens regularly. > ...or pay for it to change? And nope, certainly not. But crypto will fall into the same category - stamping out the ability to do the - rather simple - necessary maths would require horrific compromises that are simply not supportable. This technology has radically altered the power balance of moving funds around. Sure that isn't sunshine and roses, but at least we don't have to worry about so much about asset freezes.
- RandomLensman 4y ago
  I don't think asset freezes are high on most people's agenda in first world countries. And the developing world does not have the GDP to move how things are done in the large economies for now.
  - roenxi 4y ago
    Sure it is. Every so often the government rolls in and reallocates wealth to the wealthy - eg, as happened in '08 and is famously memorialised in the Bitcoin genesis block. Dealing with asset shenanigans like freezes is exactly why the crypto project started. If you've got no assets then sure, ignore that. Otherwise it makes sense to start tallying the risks against government seizures. Plus asset freezes are on the cards for shutting down protesting truckers. If we're living in a world where the Canadian government can attack truckers (of all people) with asset freezes why can't it happen to you or me? I don't see the much difference between myself and a Canadian trucker. I suppose I couldn't handle working hard for more than about 6 hours at a time.
    - RandomLensman 4y ago
      Do you have any data backing up that asset freezes are high on most people's agenda? Where I live certainly it is not, doesn't even show up in any surveys etc. and the asset freezes at Canadian truckers are/were not really much of a news item (living in large European country). I can see that trust in banks has eroded a bit (still surprisingly high) but asset freezes or seizures are not a thing in the public eye where I live. I can believe that for some people the topic is high on the agenda, but really "most"?

roenxi 4y ago

> ...do people care about it enough to vote for people with an agenda for it... Yep. Happens regularly. > ...or pay for it to change? And nope, certainly not. But crypto will fall into the same category - stamping out the ability to do the - rather simple - necessary maths would require horrific compromises that are simply not supportable. This technology has radically altered the power balance of moving funds around. Sure that isn't sunshine and roses, but at least we don't have to worry about so much about asset freezes.

RandomLensman 4y ago
I don't think asset freezes are high on most people's agenda in first world countries. And the developing world does not have the GDP to move how things are done in the large economies for now.
- roenxi 4y ago
  Sure it is. Every so often the government rolls in and reallocates wealth to the wealthy - eg, as happened in '08 and is famously memorialised in the Bitcoin genesis block. Dealing with asset shenanigans like freezes is exactly why the crypto project started. If you've got no assets then sure, ignore that. Otherwise it makes sense to start tallying the risks against government seizures. Plus asset freezes are on the cards for shutting down protesting truckers. If we're living in a world where the Canadian government can attack truckers (of all people) with asset freezes why can't it happen to you or me? I don't see the much difference between myself and a Canadian trucker. I suppose I couldn't handle working hard for more than about 6 hours at a time.
  - RandomLensman 4y ago
    Do you have any data backing up that asset freezes are high on most people's agenda? Where I live certainly it is not, doesn't even show up in any surveys etc. and the asset freezes at Canadian truckers are/were not really much of a news item (living in large European country). I can see that trust in banks has eroded a bit (still surprisingly high) but asset freezes or seizures are not a thing in the public eye where I live. I can believe that for some people the topic is high on the agenda, but really "most"?