Re:Cryptocurrencies’ Carbon Footprint Underestimated
by shkkmo on Tuesday October 05, 2021 @09:49PM
(#28768252)
> Each individual can have a unique identifier that is not linked to their identity.
If that idenifier is unlinked to their identity, how do they cryptographically prove their identity when voting? How do you audit voter rolls?
This is a red herring anyway since I was specifically talking about cryptocurrency. In a purely decentralized cryptocurrency economy, taxation becomes impossible. You can't prevent pseudonymous economic transactions and the existence of privacy orriented cryptocurrenciesean that transactions can always route through that layer to turn that pseudonymity into anonymity.
The entire current use case for cryptocurrencies is literally evading the rule of law (and speculation.)
I have sympathies with anarchic ideals and issues with democratic processes, but please don't try to pass one off as the other.
If that idenifier is unlinked to their identity, how do they cryptographically prove their identity when voting? How do you audit voter rolls?
This is a red herring anyway since I was specifically talking about cryptocurrency. In a purely decentralized cryptocurrency economy, taxation becomes impossible. You can't prevent pseudonymous economic transactions and the existence of privacy orriented cryptocurrenciesean that transactions can always route through that layer to turn that pseudonymity into anonymity.
The entire current use case for cryptocurrencies is literally evading the rule of law (and speculation.)
I have sympathies with anarchic ideals and issues with democratic processes, but please don't try to pass one off as the other.