You can debate it, I just have nothing to say to you.

If you can’t see the problem with governments controlling and monitoring transactions and being able to confiscate private property, then cryptocurrency is not for you. It’s simple - you don’t have to use it and you can call your legislators to ban it. Luckily, it’s permissionless, so no one cares.

> You can debate it, I just have nothing to say to you.

So you can't see the harm in money laundering support human trafficking? Because that's real tyranny. Not by governments, but by criminals who can project power to bribe government officials to look the other way with anonymous transfers.

Debate is what happens in a free society. If you can't debate it, you can't promote it in a free society.

That’s pretty much how authoritarian governments work. Surely you can’t have free internet because terrorists use it to communicate, surely we can’t have elections because criminals bribe the simple people to vote for them, surely you can’t trust outside media because it’s controlled by the evil Jews. You don’t want money that’s can’t be controlled by us, because criminals will use it.

Trust us. We know what’s good for you. The world is bad, and only us can fix it. /sarcasm

> Trust us. We know what’s good for you. The world is bad, and only us can fix it. /sarcasm

Ironically, that is exactly what you're saying.

Not at all. I said in an earlier response, no one cares if you hate or want to ban crypto, it’s permissionsless.

It have been you taking the weird authoritarian take of “we must ban a tech because some bad people may use it”. Which is literally true in every technology ever invented.

> It have been you taking the weird authoritarian take of “we must ban a tech because some bad people may use it”. Which is literally true in every technology ever invented.

If you're calling me an authoritarian for espousing views on why a particular technology that allows easy money laundering is bad, then I guess by a variation of Godwin's law, I win by default.

If it’s on the internet, it’s up to the permission of whoever owns the hardware which happens to be all these governments.

I feel like the crypto arena is conflating the fact that they are small enough to not be worth actually stopping with the idea that they can never be stopped.

The only way to shut down the Bitcoin network is to shut down the internet all over the world at once and even then - there is ham radio and satellites.

Remember, you can say it’s useless (for you.) and harmful. That’s all fair. But, it’s a verifiable, indisputable fact that there are Bitcoin nodes operating in China despite the government ban[0]. You can’t ban Bitcoin, which why the free market deems it valuable.

Smart governments know this and move to tax it heavily(India), or move it to work within the state-regulated banks (Russia). But, no you can’t shut the network down without shutting everyone else internet.

0. https://bitnodes.io/

> The only way to shut down the Bitcoin network is to shut down the internet all over the world at once and even then - there is ham radio and satellites.

That implies bitcoin, and I am making an assumption that all cryptocurrencies are in the same boat, is worth as much as the rest of the internet.

If crypto markets start threatening fiat currencies, I will be heavily surprised if ISPs choose to protect crypto markets instead of shutting them down when the government threatens their ability to do business.

Crypto is only dangerous to fiat in crypto bros minds right now. They 100% can shut down crypto once it stops being a novelty

Bitcoin without any way to exchange it to some other currency makes it worthless.

Ergo, a government would just need to go after the exchanges. Nobody wants BTC, they want something more stable.

So you've got one side of the transaction hidden, but how are you hiding the things you buy from the government?