I find them quite necessary. The derision is part of the point. So many people treat cryptocurrency like something to be venerated when it’s just a bunch of bullshit.
Bitcoin forked into bitcoin classic, in order to undo a transaction. I’m aware this isn’t a trivial process, but it protects those with power and capital and has no function to protect those who do not. The issue is that this is completely ran by capitalists and has no oversite, obviously banks have plenty of ways to fuck you over, that’s why they’re regulated.
Yes that is an issue. I’m suggesting that “cryptocurrency” as a solution to that issue is just as much of a solution as any other investment vehicle and isn’t something crypto is in any way uniquely suited to solve. Civil forfeiture is theft and unconstitutional.
There is no mechanism through which accountability can be held. That is entirely the point. You can “judge” them individually all you want but the ecosystem is uniquely suited for abuse.
I am not venerating cryptocurrency, you are firing your shots at the wrong person. I’m just taking a more balanced stance about it than you are. Frankly, you come off as rude.
There are methods for accountability in the crypto space, just look at where Sam Bankman-Fried is now.
A forked currency is a new currency—you can’t judge the currency it was forked from by the effect of the new one.
You are correct that crypto is an imperfect solution for protecting assets from seizure for a variety of reasons, but seeing as there is absolutely no government appetite for police reform, it’s what we’ve got.
You don’t seem interested in a respectful debate at all, so I’ll just end by saying you have been unpleasant to talk to and I hope we don’t meet again.
I find them quite necessary. The derision is part of the point. So many people treat cryptocurrency like something to be venerated when it’s just a bunch of bullshit.
Bitcoin forked into bitcoin classic, in order to undo a transaction. I’m aware this isn’t a trivial process, but it protects those with power and capital and has no function to protect those who do not. The issue is that this is completely ran by capitalists and has no oversite, obviously banks have plenty of ways to fuck you over, that’s why they’re regulated.
Yes that is an issue. I’m suggesting that “cryptocurrency” as a solution to that issue is just as much of a solution as any other investment vehicle and isn’t something crypto is in any way uniquely suited to solve. Civil forfeiture is theft and unconstitutional.
There is no mechanism through which accountability can be held. That is entirely the point. You can “judge” them individually all you want but the ecosystem is uniquely suited for abuse.
I am not venerating cryptocurrency, you are firing your shots at the wrong person. I’m just taking a more balanced stance about it than you are. Frankly, you come off as rude.
There are methods for accountability in the crypto space, just look at where Sam Bankman-Fried is now.
A forked currency is a new currency—you can’t judge the currency it was forked from by the effect of the new one.
You are correct that crypto is an imperfect solution for protecting assets from seizure for a variety of reasons, but seeing as there is absolutely no government appetite for police reform, it’s what we’ve got.
You don’t seem interested in a respectful debate at all, so I’ll just end by saying you have been unpleasant to talk to and I hope we don’t meet again.