Re:US SEC sues Coinbase, one day after suing Binance
by __MatrixMan__ on Wednesday June 07, 2023 @11:48PM
(#36236945)
This might be a political stance, but it's not exactly a radical one:
> Tech that mediates a relationship between two users should not give special powers to a third party.
It's not anti-government, it's anti-tampering. I'm most concerned with government tampering, but that's just me. I can exchange tokens with somebody who is concerned with alien tampering (something I don't worry about in the slightest) and we can all disagree about the "why" while still agreeing on the "what".
Maybe there's a subset of users that would prefer to have some authority they can appeal to when something goes wrong. That's fine, crypto isn't for them right now. But I suspect that those authorities will eventually abuse their position of trust, and it happens, I hope crypto is ready to treat them fairly. There's a lot of work to do.
> Tech that mediates a relationship between two users should not give special powers to a third party.
It's not anti-government, it's anti-tampering. I'm most concerned with government tampering, but that's just me. I can exchange tokens with somebody who is concerned with alien tampering (something I don't worry about in the slightest) and we can all disagree about the "why" while still agreeing on the "what".
Maybe there's a subset of users that would prefer to have some authority they can appeal to when something goes wrong. That's fine, crypto isn't for them right now. But I suspect that those authorities will eventually abuse their position of trust, and it happens, I hope crypto is ready to treat them fairly. There's a lot of work to do.