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I don't want my personal morals to control what others can pay for. The current system of thought is to make it harder for Peter to buy a coffee in the morning
by psychphysic 4y ago
I don't want my personal morals to control what others can pay for.
The current system of thought is to make it harder for Peter to buy a coffee in the morning to try and stop Paul from paying for DDOS traffic.
Decouple it the way that WhatsApp decoupled itself from the problem of three letter agencies wanting to know message contents with E2EE.
As it stands, if some hedge fund doesn't like your product it can pressure VISA to stop letting people to buy it. And that's it game over. It doesn't need to be legally wrong, or even morally wrong. Just don't what some rich dude wants going on.
- himinlomax 4y ago> I don't want my personal morals to control what others can pay for. You don't want your personal morals to prevent others from paying for child prostitutes, hitmen, nerve gas, fissile material or smallpox samples?
- psychphysic 4y agoUnless you're planning to personally oversee every transaction in cash, gold, diamonds, sea shells. It's a false equivalency. Major banks have been found to actively facilitate all those things. So why not have a convenient currency in crypto and just use law enforcement to enforce the law!