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Re:EU draft proposes identity requirement for cryptocurrency... by zaroth on Friday February 18, 2022 @05:04PM (#30391725)
The real benefits to society are absolutely tremendous.

Extrapolate just a few more years of this trajectory and any protest or political candidate that isn’t endorsed by the ruling class will be impossible to fund or donate to.

You can see it happening right before our eyes with the “Freedom Convoy” and the shutdown of donations and now freezing of bank accounts.

When you can walk up to your political opponents and simply switch off their campaign financing you no longer have a functional democracy.

I guess if you don’t like democracy then you could be totally fine with this trade-off?

Re:EU draft proposes identity requirement for cryptocurrency... by soco on Monday February 21, 2022 @04:33AM (#30413661)
But when you drive up to innocent citizens and switch off their city, do you have a functional democracy? Or is this the new way the US understands exporting democracy?