Re:Bitcoin Hash Rate Rapidly Growing Despite Price
by chanfest22 on Friday July 13, 2018 @02:22PM
(#17525402)
Wow, that's terrible! We should probably ban cash because it is being blatantly used for money-laundering.
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Re:Bitcoin Hash Rate Rapidly Growing Despite Price
by Filligree on Friday July 13, 2018 @03:13PM
(#17525815)
You kid, but in some places that's already in the process of happening. See Sweden, for instance.
Re:Bitcoin Hash Rate Rapidly Growing Despite Price
by ur-whale on Friday July 13, 2018 @05:00PM
(#17526651)
Yes, it is unfortunately already the case in most EU countries. In France and Italy, for example, you can't buy a new car cash (cash transactions over 2.5K euros are basically illegal).
This is a very profound loss of individual freedom, almost as important as losing right to free speech would be, yet strictly no one on the political spectrum seems the least concerned about it.
Re:Bitcoin Hash Rate Rapidly Growing Despite Price
by fel0nious on Tuesday July 17, 2018 @10:57AM
(#17550110)
There is likely a balance here, somewhere.
Be careful equating money with free speech.
Citizens United in the US has had equally-troublesome consequences, based on the premises that corporations are people and money is their speech.
Conflict of interest plays a role here, and that's unfortunately something that has been under constant 'redefinition', especially in the last 20-40 years.
Re:Bitcoin Hash Rate Rapidly Growing Despite Price
by ReverseCold on Friday July 13, 2018 @06:41PM
(#17527498)
They're trying to do that in India right now.