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Honestly, crytpo -- whether we need more of it or less of it -- itself is not the problem. It boils down really to who do you think can be a suspect, just beca
by codelust 13y ago
Honestly, crytpo -- whether we need more of it or less of it -- itself is not the problem.
It boils down really to who do you think can be a suspect, just because they have locks on their doors.
If all crypto users are potential criminals, then all gun owners, knife owners or any person who owns an item that can maim another human being is a suspect. A state that suspects almost all of its citizenry, is a state that has bigger problems than terrorists.
Even worse, a state this does this, sooner or later, will convert a large chunk of its perfectly good citizens into behaving like bad ones because they are no longer sure what exactly constitutes bad.
At the heart of a democratic society is the social contract that the state will, largely, do things that will keep most of the citizens safe and un-harassed; while, on the flip side, the citizens are largely expected to behave in a manner that is not detrimental to the state.
What you see play out right now is that contract being broken.
Important question is, what is the right price to pay in freedom for what is deemed to be adequate security?