Re:France and Germany Agree to Block Facebook's Libra
by primroot on Saturday September 14, 2019 @11:02AM
(#20971209)
> Companies are even easier to control than people because their whole existence is made possible by laws and regulations of governments.
And this is how we know the "small government" slogan is an absolute sham.
Re:France and Germany Agree to Block Facebook's Libra
by drchaos on Sunday September 15, 2019 @04:45PM
(#20979395)
> "How do you stop people obtaining it and using it through their buddies on the internet" - quite simply, by telling them they'd go to jail, or get a hefty fine, for doing that.
That method does not work very well for e.g. weed.
It's about time we all disabused ourselves of the libertarian utopian dream that just because cryptocurrency is on a distributed ledger than governments can't control it. "How do you stop people obtaining it and using it through their buddies on the internet" - quite simply, by telling them they'd go to jail, or get a hefty fine, for doing that.
Companies are even easier to control than people because their whole existence is made possible by laws and regulations of governments.