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Re:Bill Gates Says that Bitcoin is bad For the Planet by throwawayffffas on Monday March 08, 2021 @12:25PM (#26388499)
I find it really cute that people think that a fully transparent public ledger, where every transaction is written for all to see, is the way to escape government control.
Re:Bill Gates Says that Bitcoin is bad For the Planet by nprz on Monday March 08, 2021 @01:55PM (#26389922)
Remind me again what currency was used on the Silk Road for purchasing illicit goods and services. And how many of those vendors were prosecuted by the US gov?
Re:Bill Gates Says that Bitcoin is bad For the Planet by uh-quan on Tuesday March 09, 2021 @09:21AM (#26398989)
It is silly if by "escape government control" one means avoiding taxes, buying illegal substances, etc.

But if by "escape government control" one means a currency that the government cannot interfere with to censor/stop transactions, or a currency that cannot be debased on the government's whim, the public ledger is exactly why bitcoin can do what it does.

Re:Bill Gates Says that Bitcoin is bad For the Planet by matheusmoreira on Monday March 08, 2021 @02:06PM (#26390062)
Monero will hopefully make it hard enough that governments can't discover the information without significant effort. They'll probably still be able to target specific individuals but perhaps we can stop dragnet surveillance of everyone.
Re:Bill Gates Says that Bitcoin is bad For the Planet by crocodiletears on Monday March 08, 2021 @02:39PM (#26390493)
You take what affordances are offered when there's no hope in the future.