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> This isn't about cryptocurrency, it's about 'mixing services' for cryptocurrency. It's the "services" based on cryptocurrency and blockchain that I'm talking
by knorker 3y ago
> This isn't about cryptocurrency, it's about 'mixing services' for cryptocurrency.
It's the "services" based on cryptocurrency and blockchain that I'm talking about, that are claimed to be clever but actually just reinvented illegal stuff. Not sure why you think a semantic debate is the best attack against me.
> Cryptocurrency is / was 'new and clever'
I said "cryptocurrency people invented something new and clever", not the invention of cryptocurrency itself.
Cryptocurrency is a neat idea, that has yet to have a legal application where it's better than the alternative. But I'm talking about all the other nonsense. The worst being "land registry on the blockchain".
> Something "new" about cryptocurrency is that it's a currency that lies outside the control of any government.
It's not. It's outside the control of monetary policy, sure, but the government can definitely throw you in jail for whatever arbitrary laws they make. So anything and everything can be controlled by the government.
Madoff got away with with it his ponzi scheme for a long time. The government didn't find out. And yet ponzi schemes are not outside the control of governments.
If cryptocurrency were made illegal world wide tomorrow, then it would join stuff like CSAM and drunk driving. Control is not an all or nothing deal.