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Bitcoin is much less murky than the NSA. It's completely open software and the engineers discuss and develop it out in public for anyone to audit. And nobody's
by mkramlich 13y ago
Bitcoin is much less murky than the NSA. It's completely open software and the engineers discuss and develop it out in public for anyone to audit. And nobody's forced to use it or be susceptible to it, again unlike the doings of the NSA. And my exposure to fraud or PII threat due to Bitcoin is much much less than due to the mechanisms the NSA has in place, with their massive 24/7 passive/active snooping operation which puts truly gigantic amounts of ostensibly private communications world-wide at risk of being leaked/sold/traded-on by bad actors. Furthermore, the way the Bitcoin economic system, how it stores and transmits money is also much much more open, and thus less murky, than the legacy banking systems.
But Bitcoin. Yes, that's a "murky" world. Lets FUD and regulate that.
- numeromancer 13y agoAlso, remember that the NSA is already, ostensibly, “regulated”.
- twoodfin 13y agoIs every hn story now an excuse to start complaining about the NSA? The piece makes no mention of it, nor does there seem to be a good reason why it should. You could have easily ranted about the murky world of campaign finance, or the murky world of banking. Neither would be less relevant than beating on the NSA horse one more time.
- kazagistar 13y agoUntil it is no longer a problem, I have no issue with everything being an excuse to complain about the NSA.