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The government can also make the use of cash illegal. They can also put a huge dent into encrypted messaging by sending anyone caught using straight to the elec
by miracle2k 4y ago
The government can also make the use of cash illegal. They can also put a huge dent into encrypted messaging by sending anyone caught using straight to the electric chair. They can drag you out of your home at night. (So can your neighbour for that matter).
The argument was never that crypto is some kind of magic shield against bullets. It's simply a tool. It raises the cost of certain kinds of abuses for the state. In the balance between the individual and the state, it shifts the power, ever so slightly, to the former.
- mrtksn 4y agoIn that regard, crypto is like hard to use easy to lose cash. Cash, unlike crypto, is hard to trace. The best can do is to use chemical markers. Government making cash illegal doesn’t mean much as it is pure p2p with no integrated bookkeeping or remote sensing.