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Re:Cryptocurrency company Ripple says SEC lawsuit is imminent by bitxbitxbitcoin on Tuesday December 22, 2020 @10:35AM (#25507209)
The freedom to get ripped off by a shady exchange is the same as the freedom to not have your money stolen by the government. Worth it, in my opinion.
Re:Cryptocurrency company Ripple says SEC lawsuit is imminent by loceng on Tuesday December 22, 2020 @11:09AM (#25507677)
Except you can, through effort and organization (none of this "trustless" mantra non-sense/propaganda), get in place a competent democratically elected government with integrity via accountability and oversight - perhaps even running for elected positions yourself if you're passionate and strong enough.

Or you can ignore the nuances and complexes, say fuck it, and support a system that disables power that good organizations do need to manage bad actors - instead of turning the clock back and making the world a "free for all" - making tools like the Magnisky Act unenforceable, along with other unavoidable pitfalls that pro-Bitcoiners ignore, scoff at without rebuttal, or glance over without serious thought. Regulatory capture is real and it needs to be addressed always - and if you work from founding principles and are honest with yourself you'll come to the conclusion that centralized organizations are a necessity to fighting "evil"/bad behaviour with good, responsible, trustworthy people

The argument then goes into nuance of where the debate continues as to how conservative or liberal you are - how "small" or "big" the government is, e.g. what decision making power or function does or should government have, e.g. Universal Basic Income/UBI - the Freedom Dividend as Andrew Yang calls it - would arguably be more of traditional Conservative/Republican leaning - giving $1,000/month to individuals for THEM TO DECIDE what to do with the money vs. some bureaucratic government agency spending that money themselves making broad-vague decisions, almost always influenced by regulatory capture and industrial complexes manipulating the system via influencing politicians and the population via propaganda of various forms: "tobacco is good for you" - says your doctor, "fat is bad for you" says the sugar and health industry, "MDMA/mushrooms are bad for you" - says big pharma industry who can't patent those medicines, etc.

Edit: LUL - imagine a person actually had to put the effort into writing a qualitative response instead of getting a dopamine hit from a single click to ignore/avoid engaging.

Re:Cryptocurrency company Ripple says SEC lawsuit is imminent by a1369209993 on Tuesday December 22, 2020 @02:56PM (#25510428)
> you can, through effort and organization (none of this "trustless" mantra non-sense/propaganda), get in place a competent democratically elected government with integrity via accountability and oversight

No, you can't; that's rather the problem.

Re:Cryptocurrency company Ripple says SEC lawsuit is imminent by loceng on Wednesday December 23, 2020 @01:56PM (#25520791)
You can. It's not a fixed state - where it is or isn't competent. It's complex, dynamic, with many moving parts - and it's evolving. You put a system in place and then you see how bad actors will take advantage of it, then you once you have enough of the population educated, understanding, pissed off - the impetus occurs - they will vote for change that adds policies (or undo bad policy most likely stemming from regulatory capture of industrial complexes) that will correct to prevent or limit potential harmful behaviour that will cascade from bad policy.

In my last comment I highlight the main policies necessary for a big shift to be able to occur:

"Until there's a strong enough impetus and they start to learn the game to understand it: I'd considered Andrew Yang a normal person, who published a book called The War On Normal People before running for President this last election.

More people like him will come to light, especially once policy proposals he's made like Freedom Dividend/UBI, Ranked Choice Voting, Democracy Dollars, Journalism Dollars get implemented to break apart the two-party system." - from https://news.ycombinator.com/item?id=25509841

Re:Cryptocurrency company Ripple says SEC lawsuit is imminent by dmix on Tuesday December 22, 2020 @02:03PM (#25509841)
Normal people don't run for political office. Not from any of my life experience.
Re:Cryptocurrency company Ripple says SEC lawsuit is imminent by loceng on Wednesday December 23, 2020 @01:49PM (#25520718)
Until there's a strong enough impetus and they start to learn the game to understand it: I'd considered Andrew Yang a normal person, who published a book called The War On Normal People before running for President this last election.

More people like him will come to light, especially once policy proposals he's made like Freedom Dividend/UBI, Ranked Choice Voting, Democracy Dollars, Journalism Dollars get implemented to break apart the two-party system.