3 ms·

Let me guess, your passport cover is painted with the correct color. You probably never had to submit a mountain of paperwork officially translated to English b

Let me guess, your passport cover is painted with the correct color. You probably never had to submit a mountain of paperwork officially translated to English because you committed the crime that is to help your mother back in your home country to pay for medicine. Your bank never blocked your funds and demanded explanations on why you withdraw that cash on an ATM. You've never been through the AML racist and fascist bullshit that subverts the concept of people being innocent into proven guilty. You probably also never lived through the hell of hyperinflation or government mandated confiscation of savings accounts[0]. Did I got right? [0] https://www.joc.com/brazil-brings-end-its-failed-economic-plan_19920818.html https://www.joc.com/brazil-brings-end-its-failed-economic-pl... - "But Ms. Cardoso had no regrets. If necessary, she told O Globo newspaper, she would confiscate the money all over again."

dalmo3 4y ago
You don't need bitcoin, you just need better government and to end corruption. /s
- irusensei 4y ago
  Thanks! I'll make sure to vote harder next time.
  - johnnymorgan 4y ago
    You won that exchange, nicely done. All the things you listed are the impetus to the Bitcoin network foundation. Cheers!
    - bcrl 4y ago
      Saying the only reason Bitcoin is needed is to help facilitate illegal transactions is not exact a resounding endorsement that will enable its widespread adoption. Most people don't want to actively encourage / support the breaking of laws.
      - johnnymorgan 4y ago
        You mean USD as that facilitates the largest volume of illegal transactions. Read the whitepaper my guy, it goes over all of this as the impetus for it's creation. If you don't like that, then check out what Henry Duncan did in 1810. People like you shit all over his value proposition and were 100% wrong
        bcrl 4y ago
        Bitcoin doesn't have a defined mechanism for honoring the rule of law when society determines that something bad has happened. That's a pretty fundamental and potentially fatal flaw for some (unless, perhaps, you're a libertarian). For those of us that live in a society where the rule of law provides tangible benefits to our daily lives, that's a problem. Personally, I'm perfectly happy with the banking system the way it is. I can send modest sums of money to others via an Interac e-Transfer via an email or SMS in a matter of seconds. I can transfer funds using EFT/ACH within 24 hours with no fees thanks to the credit union I use. Bitcoin isn't really an improvement on this situation for me. You need to understand and accept that there are a non-trivial number of people in society which feel similarly and hold the same belief. Adopting something new just because it's tech is never going to win everyone over, especially when worries about personal wealth are involved. This isn't a simple technical problem that can be easily fixed with a bit more code. I don't believe it's shitting over the value proposition: to me, adherence to rule of law is a requirement for the financial systems that I use. If someone compromises my credit card or bank account, the bank can reverse the fraudulent transactions. If someone compromises my Bitcoin wallet and transfers the contents out, the funds are gone and I have nobody to turn to for help, and the odds of recovery are negligible. This is a feature of the banking system. To me this is a bug in Bitcoin (not a feature). I'm not "shitting" over the value proposition -- I'm telling you that it doesn't meet my requirements.
        johnnymorgan 4y ago
        You didn't bother to look up Henry Duncan did you. Go do the proper homework and come back. This financial network and it's rule of laws did not start that way, learn from history or don't I frankly don't care what you feel/think, you are literally 1 person that does not represent anyone but yourself. You're entire argument is a strawman, I gave you the hint to understand why but you are too lazy to learn. GLHF!
hansonkd13 4y ago
No but I have been through exchange mandated confiscation of crypto wallets. Be your own bank you say? Keep my own keys you say? You think the average person from the article would hold their own keys? No the reality is if crypto was adopted en-mass, people would use services to manage their keys and you literally solve zero problems.

dalmo3 4y ago

You don't need bitcoin, you just need better government and to end corruption. /s

irusensei 4y ago
Thanks! I'll make sure to vote harder next time.
- johnnymorgan 4y ago
  You won that exchange, nicely done. All the things you listed are the impetus to the Bitcoin network foundation. Cheers!
  - bcrl 4y ago
    Saying the only reason Bitcoin is needed is to help facilitate illegal transactions is not exact a resounding endorsement that will enable its widespread adoption. Most people don't want to actively encourage / support the breaking of laws.
    - johnnymorgan 4y ago
      You mean USD as that facilitates the largest volume of illegal transactions. Read the whitepaper my guy, it goes over all of this as the impetus for it's creation. If you don't like that, then check out what Henry Duncan did in 1810. People like you shit all over his value proposition and were 100% wrong
      - bcrl 4y ago
        Bitcoin doesn't have a defined mechanism for honoring the rule of law when society determines that something bad has happened. That's a pretty fundamental and potentially fatal flaw for some (unless, perhaps, you're a libertarian). For those of us that live in a society where the rule of law provides tangible benefits to our daily lives, that's a problem. Personally, I'm perfectly happy with the banking system the way it is. I can send modest sums of money to others via an Interac e-Transfer via an email or SMS in a matter of seconds. I can transfer funds using EFT/ACH within 24 hours with no fees thanks to the credit union I use. Bitcoin isn't really an improvement on this situation for me. You need to understand and accept that there are a non-trivial number of people in society which feel similarly and hold the same belief. Adopting something new just because it's tech is never going to win everyone over, especially when worries about personal wealth are involved. This isn't a simple technical problem that can be easily fixed with a bit more code. I don't believe it's shitting over the value proposition: to me, adherence to rule of law is a requirement for the financial systems that I use. If someone compromises my credit card or bank account, the bank can reverse the fraudulent transactions. If someone compromises my Bitcoin wallet and transfers the contents out, the funds are gone and I have nobody to turn to for help, and the odds of recovery are negligible. This is a feature of the banking system. To me this is a bug in Bitcoin (not a feature). I'm not "shitting" over the value proposition -- I'm telling you that it doesn't meet my requirements.
        johnnymorgan 4y ago
        You didn't bother to look up Henry Duncan did you. Go do the proper homework and come back. This financial network and it's rule of laws did not start that way, learn from history or don't I frankly don't care what you feel/think, you are literally 1 person that does not represent anyone but yourself. You're entire argument is a strawman, I gave you the hint to understand why but you are too lazy to learn. GLHF!

hansonkd13 4y ago

No but I have been through exchange mandated confiscation of crypto wallets. Be your own bank you say? Keep my own keys you say? You think the average person from the article would hold their own keys? No the reality is if crypto was adopted en-mass, people would use services to manage their keys and you literally solve zero problems.