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The ability of people to freely exchange a store of value is something governments don't like. They want the power to veto transactions and declare people or en
by concordDance 3y ago
The ability of people to freely exchange a store of value is something governments don't like. They want the power to veto transactions and declare people or entire countries impossible to trade with.
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- RandomLensman 3y agoWelcome to society.
- concordDance 3y agoI will note governments also want to do the same to any communication between two individuals (not just communication about an economic transaction). Do you have the same attitude to that?
- RandomLensman 3y agoYes, indeed, societies fight over this, too, because it isn't just governments acting in a vacuum.
- lelanthran 3y agoI don't think it's that nefarious. They just want to tax every transaction, which is what they were doing before crypto. Vetoing and shutting down people and countries is a side effect, not the intended effect, of knowing all transactions.
- throwawayqqq11 3y agoWhereas on the classical side of wealth, gorillions are held by anonymous layers of legal bodies that allow quick shifting of assets out of taxation and circumvent eg. weapon embargos. Its the messiness the article speaks about and it mostly works for the few and not the many. It would be helpful for us to realize that it is that what goverments do like, aka sustain, because the existing power structures rely on it. I am not sure whether "tinking about the many" was ever a serious part of bro cultulture.
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- demondemidi 3y agoI don’t think anyone has squared the circle on absolute freedom versus nation destabilizing terrorism and child abuse. You seem to have just said, eh, oopsie doopsie.
- Footnote7341 3y agoWhy is it always child abuse.... I'm so glad the fertility rate is dropping so maybe ill finally get a breath of fresh air and we can do away with some of these scare tactics once there's none left to abuse.
- kristjansson 3y agoThat is the best part about extinction, we don’t have to hear disingenuous political justifications anymore.
- campbel 3y agofor good reason
- afroboy 3y agoWell for the USA perspective i guess but for others like me who believes in Alqasam brigades and Palestine moujahedeen i don't like how USA try to tell me what i should think of them or not to try to finance them.
- loeg 3y agoYikes!
- skullone 3y ago[flagged]
- nerdponx 3y agoCase in point? The US has every incentive to shut down businesses that want to facilitate the continued existence of these organizations.
- afroboy 3y agoCase of point that USA serve it own interest and is not always right and i shouldn't bound by it evil point of view. so i have the right to finance the good guys who try to survive against a terrorist nation for example.
- mv1234 3y agoFully agreed. No one should be able to stop me from sending money to ISIS.
- afroboy 3y agoBack in time Algerian rebels were considers terrorists just go back and read new york times and see how they were depicted, after they got their freedom now they're considered the good guys who fought the evil french colonizers.
- skullone 3y agoYou are so ignorant of the world that I feel sad for you
- ponector 3y agoIs it a bad thing? Would the world be better if no sanctions, no anti money laundering rules, no financial regulations could be applied by governments?
- dennis_jeeves2 3y agoGenerally yes. The nuanced view: People who can handle freedom responsibly so (just like having a driver's license) should be allowed to do so. The rest can be protected from their own stupidity by big brother if they want to. Essentially both options must be available in a truly civilized society.
- IshKebab 3y agoThis is stupefyingly naive. Do you think sanctions and anti-money laundering laws are intended to catch irresponsible people?
- pixl97 3y ago> People who can handle freedom responsibly Odd, that measuring stick of responsibly you use almost sound like a set of laws? Libertarians when they are on the upswing "No set of rules should be able to bind me. Libertarians on the downswing "Kill all those that cheated me using the full power of the state!"
- csours 3y agoArchimedes wishes he had a crowbar that could do the heavy lifting that "freely" is doing in that sentence.