Wonder if Charlie read the White House NSA panelās report and their recommendations:
(2) Governments should not use their offensive cyber capabilities to change the amounts held in financial accounts or otherwise manipulate the financial systems ā¦
Letās read that again:
(2) Governments should not use their offensive cyber capabilities to change the amounts held in financial accounts or otherwise manipulate the financial systems ā¦
Wow. āto change the amounts held in financial accountsā
Welcome to big government, Charlie!
Also, the argument that an anonymous medium of exchange can be used for ill is a nice argument for the abolishment of cash money because, hey, the government should be able to see everything you buy, right?
You think our wonderful investment bankers arenāt paying their fair share of taxes? Bitcoin is pretty much designed for tax evasion.
So the problem isnāt the entire industry thatās breaking existing laws, but that a new player might make that slightly easier for them? Wut?
Well, they arenāt breaking existing laws, the existing laws themselves are broken. Hedgies get to code the bulk of their earnings as capital gains (ācarried interestā) and therefore pay a much smaller tax rate (15%) than if it was coded (appropriately) as normal W-2 compensation (30%+). With BitCoin, though, nobodyās reporting anything, so youāre now looking at people essentially paying 0% taxes instead of even 15%.
Iām really sick of libertarians. I live with Ayn Rand fans. Ah, the virtues of selfishness.
I realise Bitcoin is an inanimate object, but the expression āx should die in a fireā needs to die in a fire. Seriously, Iām sick of hearing it.
Heh. āDunning-Krugerrandsā
Hey, someone picked up or simultaneously invented āNot Safe For Lunchā! And Iām pretty sure I used it last for a picture of Fournierās Gangrene Iād been inadvertently exposed to.
The NSA is out of control, and we desperately need to rein them in (abolishing them would be a good start). But Iām afraid there simply is not a technological solution to your concern.
They all suffer from arrested development and generally do not have the ability to think things through in any fashion.
I mean, it sort of makes sense there are more of them given our culture change to nano-second attention spans, I got mine attitudes, etcā¦
Yes, people who advocate voluntary, non-violent interactions are bad. I mean how can it hold an ethical candle to other ideologies in which tyrannies of the majority and government enforcers are used to turn preferences into law.
Of course wanting my preferences enforced isnāt greedy, I know this because I know whatās best for others. If libertarian philosophy were widely embraced there might be bad outcomes unlike other ideologies, the status quo must be protected at all costs! -Clutches pearls-
political theory
Heās really being too generous there. Itās more like a cynical lobbying arm masquerading as something more intellectually substantial. Like the piece though. He points out some of the obvious problems and motivations involved in this kind of thing. Increasingly Iām reminded that ātechieā liber-randroids are some of the lowest forms of human we must endure. Nothing worse than these new money, Silicon Valley, psycho-nerds with inferiority complexes. Thatās a recipe for bad news manā¦
You realize that the government has already seized other peopleās bitcoins at gunpoint, right? Bitcoin in no way protects you from government changing the amount of money in your account. Dream on.
Doing things at gunpoint is a bit different than doing them from oneās desktop computer.
Surely I donāt have to explain the difference.
Except that torture probably has a lower success rate than decryption.
Right, nothing worse than people who advocate against using state violence to force people into power structures that donāt have their best interest in mind.
Disclaimer: Iām not a libertarian.
So youāre arguing that government grabbing your money online is worse than government arresting you at gunpoint to grab your money? Really?
Besides, big government can hack systems and install malware to steal your Bitcoins too. Havenāt you been reading the Snowden news? Itās just easier for them to grab your wallet by grabbing your computer.
I agree, I should just shut up and let my betters decide whatās best. Youāve convinced me with your insightful comment.
[Libertarians are against money][1].
Maybe you meant to write āproprietarianā. These folks want to co-opt anarchism and associate āfreedomā and ālibertyā with the freedom to own and exploit the labor of others.
[1]: http://anarchism.pageabode.com/afaq/150-years-of-libertarian
