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I was wrong, we need crypto

world.hey.com

181–190 of 336 posts

Re: I was wrong, we need crypto

#181
post #21

... we need crypto Did someone say otherwise? Crypto is an attempt to fulfill a broad yearning for financial freedom. The problem is, as it currently exists --- it just doesn't deliver. Crypto doesn't displace trust, it misplaces it. Instead of trusting government and regulated banks, you end up trusting the unregulated gatekeepers to the block chain --- the exchanges. Who is making sure these gatekeepers are not sel…

>you end up trusting the unregulated gatekeepers to the block chain --- the exchanges. how exactly are exchanges gatekeepers? blockchains would function completely fine without exchanges. In fact, on chain exchanges like uniswap and 0x require zero trust whatsoever.

> blockchains would function completely fine without exchanges.

I must be misunderstanding, but don't blockchains track references, through sequences of indirection (i.e., encrypted on the chain), to what is ultimately fiat currency?

Re: I was wrong, we need crypto

#182

Canadians have a right to protest. Canadians also have a right to the enjoyment of their property. The former does not override the latter, and the latter was severely infringed upon by the occupiers. These protests caused hundreds of millions of dollars worth of damage. There is a $300M lawsuit against the occupiers in Ottawa, similar ones will happen against the occupiers of the Ambassador bridge. The bank accounts…

Source on 300M in damages?

Is this real damage or "opportunity cost"?

Re: I was wrong, we need crypto

#183

Earlier quoted context omitted.

The only reason crypto exists is because others needs don't match yours. The desire and *idea* behind crypto is reasonable. It's just that the implementation falls way short of the idea.

The whole idea behind a public ledger of transactions and balances when you're trying to push back against a totalitarian government is nonsense. If you're putting criminal or fringe transactions on the ledger, then handing the ledger to the government saying "I bet you can't figure this out!" You're not making transactions, you're making prosecution futures. If someone tried to use Bitcoin to evade the PRC I'd say t…

So your argument is that the protestors should just learn about the constraints of chains like Monero and use those?

Re: I was wrong, we need crypto

#184

Earlier quoted context omitted.

> Did someone say otherwise? I will say otherwise. We do not need crypto.

The only reason crypto exists is because others needs don't match yours. The desire and *idea* behind crypto is reasonable. It's just that the implementation falls way short of the idea.

The biggest mismatch in "needs" here is the apparent "need" of some people to be able to conduct substantial financial dealings without any government being able to either see what's going on or step in if it's blatantly illegal, while most people consider that to be detrimental to the overall functioning of a healthy society.

If you don't want to be part of our modern society, then please go find a way to do so away from all of us who do. Until and unless you separate yourselves from us entirely—including no longer taking advantage of our government-supported infrastructure, our government-supported education, our government-supported enforcement of property rights, and our government-supported military—you don't get to claim a right to evade either our laws and regulations around economic activity, or our taxes.

Re: I was wrong, we need crypto

#185

This is full of factual errors, and garbage on the face of it. Canada is a rule-of-law, democratic society. The so-called protestors blocked off major ports of entry leading to material harm to businesses. They also violated the rights of individuals living within the downtown core (including my family) for weeks on end. They brought weapons with them, they built shanties and filled them with kerosene and propane. Th…

> Canada is a rule-of-law, democratic society.

Flat out wrong. Canada is freezing accounts of people who weren't violating any law, with ex post facto laws.

Re: I was wrong, we need crypto

#186

Earlier quoted context omitted.

> Notably the Occupy movement, despite being equally frustrating for the local and national government as well as the civilian population, was allowed to go on for close to 2 years. Politically this is probably true, but ows never as far as I recall blocked main roads, and certainly not for extended periods. Whatever you think the legitimacy of that tactic is, it's not the same. And fwiw the ottowa police claimed tha…

This is not true. The occupy movement did block main roads. When they were doing their thing, my drive to work (and back) tripled. BLM did the same. Police need to be able to stop those who break the law, while simultaneously protecting those who are merely protesting. Even if they’re part of the same crowd.

I can find some examples of protestors blocking main roads and getting arrested the same day (https://abcnews.go.com/blogs/headlines/2011/10/occupy-wall-s... among others), but no news or reporting on continuous multi-day blockages (probably because, as far as I can tell, there are tons of examples of them being swiftly arrested, same with BLM).

But not, like literally making roads impassable at all hours for days (https://www.dw.com/en/canada-court-orders-protesting-trucker...).

(and there's something to be said for "the police shouldn't be able to put down a large scale protest of involving thousands of people and vehicles. Perhaps if the police force is powerful enough to do that, it's too strong?)

Re: I was wrong, we need crypto

#187

Canadians have a right to protest. Canadians also have a right to the enjoyment of their property. The former does not override the latter, and the latter was severely infringed upon by the occupiers. These protests caused hundreds of millions of dollars worth of damage. There is a $300M lawsuit against the occupiers in Ottawa, similar ones will happen against the occupiers of the Ambassador bridge. The bank accounts…

Source on 300M in damages? Is this real damage or "opportunity cost"?

Thousands of people were out of work for most of a month. For example, the Rideau Centre, which employs 1500, was shut down.

Thousands of people had to move out of their homes because they couldn't sleep with the continuous honking. One idiot even brought a train horn.

And that was just Ottawa. The ambassador bridge shutdown was much worse. For instance, Ford shut down an Ohio plant employing 1600 due to lack of parts made in Canada.

Re: I was wrong, we need crypto

#188

Earlier quoted context omitted.

> Wow that's a really interesting fact about North Korea that has absolutely and unequivocally nothing to do with Canada. Except it's all the same everywhere. Maybe you habe never been out of your well so you don't know. Just so you know, free speech is protected right as per the North Korean constitution... except in practice, it's just like Canada. > Consider than rather than being silenced, people may just not agr…

> Except it's all the same everywhere. Maybe you habe never been out of your well so you don't know. Just so you know, free speech is protected right as per the North Korean constitution... except in practice, it's just like Canada. I grew up all over the world, including having lived in the US, Canada, KSA, and plenty of other places. I've also traveled to 50 countries or so. I strongly suspect I have seen more of t…

>I can tell you that you are unequivocally wrong if you think that NK is anything like CA. It's a fun narrative of the uninformed.

If you think that they are even a tiny bit different, you are brainwashed into thinking that. There is no other explanation.

>Yes this is a fringe position that the science does not support.

"Science" supports whatever most scientists are paid to support. Lots of scientists supported the use of tobacco for a very long time.

Re: I was wrong, we need crypto

#189
post #104

Earlier quoted context omitted.

Quoted post unavailable.

> 1) The people begging for the right to die a slow brutal death that resembles a month long water boarding session. This is a disingenuous interpretation of what is essentially a peaceful worker's sit-in. > 2) The people that trust that medical doctors around the entire plant earth aren't part of some super secret cabal hellbent on implanting mind-controlling microchips in them This is a disingenuous character smear…

> This is a disingenuous interpretation of what is essentially a peaceful worker's sit-in.

That is literally what they are protesting for, so I fail to see how it is disingenuous.

> This is a disingenuous character smear of anyone who decides to question the status quo.

Perhaps you should "research" the difference between "status quo" and "factual". 10.6 billion people have gotten a covid vaccine, it would be pretty hard to hide any signs of deleterious effects in a sample size of 10.6 billion. On the other hand, the statistics on covid are equally clear: it's orders upon orders of magnitude more dangerous to human health that the vaccine could even "possibly" be.

Re: I was wrong, we need crypto

#190
post #178

Earlier quoted context omitted.

> Except it's all the same everywhere. Maybe you habe never been out of your well so you don't know. Just so you know, free speech is protected right as per the North Korean constitution... except in practice, it's just like Canada. I grew up all over the world, including having lived in the US, Canada, KSA, and plenty of other places. I've also traveled to 50 countries or so. I strongly suspect I have seen more of t…

> I can tell you that you are unequivocally wrong if you think that NK is anything like CA. It's a fun narrative of the uninformed. Also real democracies have real elections and real candidates and peaceful changes of power between politicians. The DPRK, Russia, PRC, Venezuela all claim to be democracies -- but really they use assassination and imprisonment to quash dissent. If the truckers wanted to protest with sig…

>Also real democracies have real elections and real candidates and peaceful changes of power between politicians.

I completely agree. And fake ones have faux elections with controlled oppositions where voting doesn't matter... like in the U.S. or Canada.

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