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Re:We’re all criminals now by JumpCrisscross on Thursday July 08, 2021 @12:11PM (#27773942)
> Why is that a bad thing?

It inhibits tax collection, which funds common goods. It also thwarts law enforcement, which is counter to public benefit.

We can debate whether taxes or laws or governments should exist. But they do, and most people seem to favor that. Debating a thing and actively subverting it are different. Just as subverting a thing and expecting such subversion to have no consequences or response are different.

Re:We’re all criminals now by matheusmoreira on Friday July 09, 2021 @07:09AM (#27782468)
> We can debate whether taxes or laws or governments should exist.

It is pointless to debate the need for taxes with the corrupt governments and their taxmen. They make the laws, they have a monopoly on the use of force and they do not want to relinquish their power. The only possible move is to subvert them.

> Debating a thing and actively subverting it are different. Just as subverting a thing and expecting such subversion to have no consequences or response are different.

We know there are consequences. That is why technology must take that into account. They make their ridiculous laws, we make it impossible for them to be effectively enforced. They'll have to stoop to ever increasing levels of tyranny in order to maintain the same level of control they previously enjoyed.

Is there a limit? I don't know. I fully expect them to try to link cryptocurrency to terrorism or something.

Re:We’re all criminals now by tomjen3 on Thursday July 08, 2021 @01:18PM (#27775048)
We tried the debate. We didn't win. Why should we stop there?
Re:We’re all criminals now by da_big_ghey on Thursday July 08, 2021 @12:21PM (#27774144)
"It also thwarts law enforcement, which is counter to public benefit." not in all case. but also is enabling purchase of goods and services outside of government allowence? people who want psychadelic to treat ptsd, sex work, repressive regime that bar purchase of certain material all circumvented. only a tool, can be good or bad.
Re:We’re all criminals now by rmah on Thursday July 08, 2021 @12:56PM (#27774703)
That would be thwarting law enforcement.
Re:We’re all criminals now by axx0 on Thursday July 08, 2021 @12:16PM (#27774036)
How exactly does this inhibit tax collection?
Re:We’re all criminals now by JumpCrisscross on Thursday July 08, 2021 @12:18PM (#27774086)
> How exactly does this inhibit tax collection?

If you have something that lets you "transfer large sums of cash untraceably across the globe, with no way for the government to do anything about it," it's going to make it easier to hide income and assets. That inhibits tax collection. (Same way cash does.)

Re:We’re all criminals now by apercu on Thursday July 08, 2021 @12:41PM (#27774467)
I bet if we took all the legal and illegal offshore shenanigans and the laws written by the wealthiest that create more loopholes, the amount of "inhibiting" of tax collection by cryptocurrency in comparison is a rounding error.
Re:We’re all criminals now by mikewarot on Thursday July 08, 2021 @01:39PM (#27775353)
Crypto doesn't let you transfer cash. Someone has to sell you the crypto for cash, and someone has to buy the crypto for cash... at both ends, taxes and law enforcement can act.