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481
Lauren Boebert: Why is a cryptocurrency provision tucked into a 2,700 page infrastructure bill?
posted 4 years ago by undine53 4 years ago by undine53 +481 / -0

It has NOTHING to do with infrastructure.

Quietly tucking unrelated laws into bills just to get unpopular stuff passed through is why people hate DC politicians.

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– SomeRandomGuy77 3 points 4 years ago +3 / -0

Well, that's, exactly why BTC was created.

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– Space_Monkey 3 points 4 years ago +3 / -0

BTC is 100% transparent and traceable. It's a double edged sword. Good for auditing but bad for privacy.

If you don't want the government to track you with crypto, learn to use Monero.

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▲ 1 ▼
– SomeRandomGuy77 1 point 4 years ago +1 / -0

Lead dev of XMR is in fed custody.

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– Space_Monkey 1 point 4 years ago +1 / -0

Yeah, over an unrelated charge, something about an accusation of fraud by some former colleagues in South Africa. He'll also stepped down as lead maintainer for monero.

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– SomeRandomGuy77 1 point 4 years ago +1 / -0

How did that pan out for Assange? What will the effect of this be on other devs? You can't just shrug these things off, they do matter.

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... continue reading thread?
▲ 1 ▼
– SpaceForce 1 point 4 years ago +1 / -0

well it was invented because of unfettered money printing. The tracking of every transaction is just a bonus.

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– SomeRandomGuy77 1 point 4 years ago +1 / -0

And who provided the unfettered money printing, and who all but owns every gateway and development chain to BTC and who now wants to merge "no buy lists" with Big Tech to PayPal to Social Credit scores to Real ID to wrongthink?

The merging of facebook/youtube information gathering with open financial transactions that cannot be used for private stuff is the permanent death of freedom. Before, a bank would know who you spent money with or they would know you took cash out.

Now, in a very short time. The all seeing eye will know that you said on facebook you did support BLM but that instead you sent BTC or govcoin to [right wing thing] instead. Government know, tax people know, political party knows, NGO researchers know, anyone at home who knows kinda what they're doing knows.

Please for the love of God grasp that as smart as something like BTC is, it takes someone far less smart than that to know what a public ledger would end up doing for the masses it purported to have served.

BTC taken to it's logical end point is the final word in a free society.

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