4 ms·

> KYC-less Is your argument seriously that crypto shouldn't be illegal so it can remain a convenient method of payment for illegal activities?

marssaxman 4y ago
Some laws are immoral; some regimes are oppressive. Helping to circumvent them can be virtuous.
- danaris 4y ago
  Ah, yes; the immoral, oppressive rules of "I can't make as much money as I want by lying to people so they give me their money in exchange for nothing."
  - marssaxman 4y ago
    Perhaps that's not what I was talking about.
    - danaris 4y ago
      Then perhaps you should be specific?
      - marssaxman 4y ago
        I'd prefer that you simply refrain from putting words in my mouth; that was rude. People will disagree about which laws are immoral and which regimes are oppressive. It is fundamentally a matter of conscience.
_cenw 4y ago
Some illegal activity is commonly considered a moral good.
- TEP_Kim_Il_Sung 4y ago
  In a lot of jurisdictions, theft, extortion, kidnapping, and murder, are considered moral goods, depending on who the perpetrators are.
- danaris 4y ago
  Some illegal activity is considered a moral good. Cryptocurrency is used for illegal activity. Therefore, cryptocurrency is a moral good. ^ This is a classic logical fallacy called a false syllogism. The archetypal example is "All men are mortal. Socrates is mortal. Therefore, all men are Socrates." I assure you that all cryptocurrency is neither a moral good, nor is it Socrates.
  - hbrn 4y ago
    You keep strawmaning. Let me fix this for you: Therefore, cryptocurrency can sometimes be used for moral good. For example, anonymously supporting opposition in dictatorship regimes. Can you offer a better alternative than crypto?
  - _cenw 4y ago
    I did not make that claim. I would not make that claim.
throwaway98797 4y ago
should all money transfers be traceable by the state? should it be possible to transfer 100k to a friend without the government knowing? i support paying taxes btw i also hope that cash never goes squat but i great it will within 50 years
- empthought 4y ago
  > Should all moneys be traceable by the state? Yes. It has been this way since Babylon. It is a principle of financial civilization. > should it be possible to transfer 100k to a friend without the government knowing? Of course not.
  - throwaway98797 4y ago
    agree to disagree here
angio 4y ago
You can do the same with cash, why not extend that to digital money? After receiving a cyrpto paying you can declare it to the goverment if it goes above the minimum required by law (exactly as with cash). It would be ridiculous if you had to KYC for a 200$ cash payment.
- empthought 4y ago
  That's going the wrong direction. Cash should be eliminated as it is a flawed method of accounting for credit/debt.

marssaxman 4y ago

Some laws are immoral; some regimes are oppressive. Helping to circumvent them can be virtuous.

danaris 4y ago
Ah, yes; the immoral, oppressive rules of "I can't make as much money as I want by lying to people so they give me their money in exchange for nothing."
- marssaxman 4y ago
  Perhaps that's not what I was talking about.
  - danaris 4y ago
    Then perhaps you should be specific?
    - marssaxman 4y ago
      I'd prefer that you simply refrain from putting words in my mouth; that was rude. People will disagree about which laws are immoral and which regimes are oppressive. It is fundamentally a matter of conscience.

_cenw 4y ago

Some illegal activity is commonly considered a moral good.

TEP_Kim_Il_Sung 4y ago
In a lot of jurisdictions, theft, extortion, kidnapping, and murder, are considered moral goods, depending on who the perpetrators are.
danaris 4y ago
Some illegal activity is considered a moral good. Cryptocurrency is used for illegal activity. Therefore, cryptocurrency is a moral good. ^ This is a classic logical fallacy called a false syllogism. The archetypal example is "All men are mortal. Socrates is mortal. Therefore, all men are Socrates." I assure you that all cryptocurrency is neither a moral good, nor is it Socrates.
- hbrn 4y ago
  You keep strawmaning. Let me fix this for you: Therefore, cryptocurrency can sometimes be used for moral good. For example, anonymously supporting opposition in dictatorship regimes. Can you offer a better alternative than crypto?
- _cenw 4y ago
  I did not make that claim. I would not make that claim.

throwaway98797 4y ago

should all money transfers be traceable by the state? should it be possible to transfer 100k to a friend without the government knowing? i support paying taxes btw i also hope that cash never goes squat but i great it will within 50 years

empthought 4y ago
> Should all moneys be traceable by the state? Yes. It has been this way since Babylon. It is a principle of financial civilization. > should it be possible to transfer 100k to a friend without the government knowing? Of course not.
- throwaway98797 4y ago
  agree to disagree here

angio 4y ago

You can do the same with cash, why not extend that to digital money? After receiving a cyrpto paying you can declare it to the goverment if it goes above the minimum required by law (exactly as with cash). It would be ridiculous if you had to KYC for a 200$ cash payment.

empthought 4y ago
That's going the wrong direction. Cash should be eliminated as it is a flawed method of accounting for credit/debt.