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If Monero ever came close to Bitcoin's popularity, it would be outlawed. Plain as that. You can't get freedom through technology.
by thrance 1y ago
If Monero ever came close to Bitcoin's popularity, it would be outlawed. Plain as that. You can't get freedom through technology.
- 1gn15 1y agoIt's not so black and white. Obviously social and political change is the goal. But in the meantime technology can help if you're living under repression. Take VPNs and Tor helping people jump the Great Firewall of China for example. Obviously, yes, this is a political problem; the GFW shouldn't exist. But it would be foolish to dismiss the technology as a vital part of fighting back against the state.
- user34283 1y agoFreedom here means transacting without: -- anti-money laundering safeguards sanctions enforcement consumer protection tax enforcement fraud prevention systems -- It is very true that technology won't get you this freedom from sensible legal requirements we impose on financial transactions. That's obviously a good thing, but I guess people who are in crypto would disagree.
- palmfacehn 1y ago[flagged]
- user34283 1y agoTalk about rejecting nuance, but now the state is "all powerful" because you can't transact privately. Yes, the state has control of finance and transactions. It always does. Democracies are build on principles like Popular sovereignty, political equality, or the rule of law. Private transactions or tax-free property isn't a democratic feature. Yes, it's that obvious.
- palmfacehn 1y agoEven if you accept those premises, reasonable people would expect limits on the power of the state to infringe upon property rights, even when backed by a popular majority. Furthermore, the principle of individual self-ownership is a key starting point for modern, liberal ideas of law. Of course you are free to reject those premises, but I would characterize that as authoritarian rather than obvious.
- immibis 1y agoBoth should be limited. Almost everything should be limited. Deciding the limits is called politics.
- palmfacehn 1y agoPolitical solutions are often messy and complex. Pragmatic fixes are rarely obvious and overreaches are common. Reforms are ongoing. Conversely, absolutists have no use for nuance. The war on cash is a good example. https://en.wikipedia.org/wiki/Civil_forfeiture_in_the_United_States https://en.wikipedia.org/wiki/Civil_forfeiture_in_the_United... https://ij.org/federal-court-rules-in-favor-of-convenience-store-owner/ https://ij.org/federal-court-rules-in-favor-of-convenience-s...
- Arainach 1y agoSomething being imperfect doesn't mean that getting rid of it is an improvement. Should civil forfeiture be heavily reformed, and is it being obviously abused? Yes. Is the ability to use cryptocurrency to bypass sanctions, fund oppressive regimes, drive criminal empires, and power a new generation of scams a much worse problem? Absolutely. Proponents of a system explicitly designed to enable financial fraud shocked when governments apply fraud rules to them, news at 11.
- immibis 1y agoThe ability of money to deice criminal empires is a problem. Abolish money.
- lokar 1y agoIn an organized society there is no absolute right to personal property, there never has been and there never will be.
- fatchan 1y agoFreedom with crypto means I can pay bills without unjust barriers, and no individual and especially no "financial institution" (ultimately the governments) decides if my transaction goes through or can confiscate the money without confiscating me. With Paypal, Stripe, Visa, Mastercard, and all the payment gateways and controlled entities in between, you will be banned for a "trade secret" reason which they have no legal obligation to reveal. Example 1: https://kiwifarms.st/threads/payment-processor-censorship-visa-mastercard-stripe-paypal-etc.224937/ https://kiwifarms.st/threads/payment-processor-censorship-vi... (You may discredit the source and ignore factual information and numerous examples at your own discretion) When you lost the ability to pay for things, you can be starved, of food and more importantly your principles and dignity. Like many other issues that I consider political, what is important to me and what I believe to be actually righteous in the end is more important than the issues of e.g. personal responsibility from being scammed, or criminal and money laundering transactions. Remember where the term "money laundering" came from.
- nunobrito 1y agoMonero has already been delisted from relevant exchanges last year because "reasons". The main website that matched people to trade fiat for monero (localmonero) got closed recently because "reasons". It is pretty popular and outlawed since a while. Basically the only relevant crypto currency used for purchases on the street since several years now. You can look up the number of daily on-chain transactions and tends to be on top every day. You likely would only notice this if you need to donate money for someone with the wrong opinions or live at a non-aligned country.
- deleted 1y ago[deleted]
- GeoAtreides 1y agoYou are being downvoted, but you are correct. I am east european and I know how hard the fist of the State hits. Sometimes I think westerners see technology like some special moves that you can quickly combo so you can defeat the evil boss at the end. No, there are no special moves, just a boot stamping on a human face -- forever.
- Mouvelie 1y agoWhich, I believe, would make it even more prevalent. It would be the confession that they cannot control it, and while most people would be deterred by this, I can see a shadow economy growing because (or thanks ?) to this.
- mindslight 1y ago> You can't get freedom through technology I'd argue the opposite - if Bitcoin had been created with secure private transactions (untraceability) it would be in the same popular position it is today, but the attacks on it (chain analysis etc) would be failing instead of inevitably marching forward. Your argument seems to rely on an assumption that the insecurity of Bitcoin has been legible and apparent to the [greater] government for most of Bitcoin's life, and so the government allowed it to gain popularity knowing those insecurities would eventually make it succumb to government control. But in general government sees any lack of identification/data as a problem to be rectified, and the popular wisdom for quite some time has been that Bitcoin is "anonymous". so I'd say the government acted as quick as it would have regardless of the actual security properties. It feels like any holding off had more to do with financial lucrativeness rather than an understanding of its long term security flaws. Now that we're here though, Bitcoin does seem like a very strong inoculation against financial privacy technology. Government is now well aware that software/cryptography can be used for money, and the first question asked is why isn't your new niche system grokkable to chain analysis?
- immibis 1y agoMonero is outlawed in the EU. It's not illegal to possess, but no business is allowed to touch it. Which proves that it does what it says. (Much like when the police suspect someone of being a drug dealer for using GrapheneOS)
- ranger_danger 1y ago> Monero is outlawed in the EU. Source: