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or the purposes of funding terrorism, narcotics, human trafficking, weapons, uranium, endangered wildlife and/or biohazardous material. There's a point at whic
by highwaylights 4y ago
or the purposes of funding terrorism, narcotics, human trafficking, weapons, uranium, endangered wildlife and/or biohazardous material.
There's a point at which if you undermine law enforcement enough there's no point in continuing to try to enforce laws, which means there's no point in having laws at all. The hype mob either doesn't see this or doesn't care, which is incredibly naive either way.
- seanw444 4y agoCounterpoint: bring back the wild west.
- suoduandao2 4y agoIn my capacity of unofficial spokesperson for the hype mob, I would say that if a tool can be created that has legitimate and nonlegitimate purposes, criminalizing its creation or possession is the worst possible action to take, because it ensures that all talented people who are interested in developing it for legitimate purposes become disaffected at worst or aligned with your enemies at best. Setting aside the moral argument, the NSA's treatment of Snowden, Manning, et al. makes it much more difficult for the NSA to attract the best talent in its field.
- JumpCrisscross 4y ago> criminalizing its creation or possession is the worst possible action to take Sure. That’s not what’s happening. Tornado was used illegally. Its leadership kept developing it, kept getting paid, and made no apparent course corrections. This wasn’t simply a GitHub repo; it was a remunerated enterprise. When I’ve brought up the legal issues around mixers, a common response involves the impossibility of governments to enforce their Will on blockchains. If these guys messaged similarly they’re justifiably boned.
- suoduandao2 4y agoJustifiable by what, exactly? International trade in a multipolar world requires a money supply that no single government can arbitrarily enforce its will on. Is the argument that every government should have an unchecked ability to enforce its will on the medium of exchange?
- rocqua 4y agoWe currently have a lot of international trade that does just fine being USD based. Are we not in a 'multipolar' world? I don't know that term.
- akimball 4y ago...and the USD is used for far more illicit transactions than any other exchange medium. This will predictably change as privacy technologies become more widely adopted. For example, transactions on the Monero network have been growing at an exponential rate for several years.
- JumpCrisscross 4y ago> will predictably change as privacy technologies become more widely adopted. For example, transactions on the Monero network have been growing at an exponential rate for several years The posts keep shifting for what governments cannot enforce. I suppose this is a natural endgame; crypto enthusiasts setting precedents for, and giving popular cause to, state expansion. AML has never been even close to perfect. But it's enforced. Hopefully, the Monero community learns from Tornado. Instead of thumbing its nose at the law, it could try to not encourage illicit transfers in the name of some convoluted (if entirely unoriginal) interpretation of financial privacy. Then it could survive and become something novel, like Bitcoin.
- highwaylights 4y agoIANAL but if your website has indicated that the software is useful for circumventing the law (I don’t know if they did this) then I imagine it could be possible to make the argument that you’ve induced a lot of people to commit felonies while profiting from it directly.