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This line is drawn by society. At one point we did not see the need for E2EE or peer-to-peer file sharing, and now some of us do. At one point we did not see th
by tatertots1234 4y ago
This line is drawn by society. At one point we did not see the need for E2EE or peer-to-peer file sharing, and now some of us do. At one point we did not see the need for privacy preserving digital currencies and peer-to-peer transactional systems, and now some of us do.
- JumpCrisscross 4y ago> we did not see the need for privacy preserving digital currencies and peer-to-peer transactional systems, and now some of us do Fair enough. I think it's time for those who do to make their case. We've run the experiment. The downsides are documented and tangible. There should be a way to thread the needle whereby the downsides can be limited without strangling all of the upside.
- Ar-Curunir 4y agoThe vast, vast majority of money laundering and illicit financial activity happens within the confines of the traditional banking system. Why don’t we start with regulating that properly first?
- TimPC 4y agoWe’ve done a lot to regulate banking and when we catch banks engaging in problematic behaviours there are hefty fines attached. We’ve seen huge numbers of crypto schemes without any real consequences to those involved or those knowingly profiting off a scam. If we should be regulating all illicit financial activity the largest gap exists in cryptocurrencies not traditional banking.
- mistrial9 4y agoreferences : cost of doing business; front-running; political nepotism; private equity; regulatory capture; machine-goes-brrrr