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I was wrong, we need crypto

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Re: I was wrong, we need crypto

#191

Post by bb88 »

SamReidHughes wrote: post #177
bryanlarsen wrote: post #127

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…

Weird, I missed the mechanism that involved violations of law, trials, and due process. Did you forget to put that in your list?

So emergency powers would trump that expectedly.

If you're worried about the groups using crypto to launder their money due to fines/lawsuits, then freezing accounts seems reasonable as well.

Laundering money is a great way in the US to get your account frozen without being arrested/tried/convicted. Because if you waited for the conviction, the money would be long gone.

Re: I was wrong, we need crypto

#192

Post by arcticbull »

sweetbitter wrote: post #183
arcticbull wrote: post #154

Earlier quoted context omitted.

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?

I think even in that situation it's not clear that something like Monero will keep you safe in perpetuity - or even today - against a well capitalized state actor. The fact folks haven't gotten banged up for it yet isn't an indication it's safe - far from it. A honeypot behaves the same way until it does not.

Re: I was wrong, we need crypto

#193

Post by arcticbull »

SamReidHughes wrote: post #185
arcticbull wrote: post #99

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.

No, they're freezing accounts of folks who contributed financially to the unlawful occupation of Ottawa. An action that's supported by over 66% of Canadians. These aren't ex-post facto laws.

Re: I was wrong, we need crypto

#194

Post by arcticbull »

ComradePhil wrote: post #188
arcticbull wrote: post #168

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. 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…

You know in most countries like Canada, where healthcare is actually a public cost centre, the financial incentive is the opposite of what you state. The public health systems would be incentivized to discover that this is in fact a "sham" and stop administering the vaccines to better allocate their budgets. All this has been incredibly expensive. However, they have found the opposite of your claims - all over the world - in billions of instances.

Consider in the areas of Canada with the lowest vaccination rates and with the lowest compliance (Alberta, I'm looking at you) ICUs are full, and they're having to send patients to high-vaccination/high-compliance provinces like Ontario. Once again burdening those who comply with the selfish, capricious actions of those who do not. [1]

These are fringe views that most Canadians simply do not subscribe to. I know it's tough to hear. For those of us living in reality, though, these actions are unpleasant but necessary.

[1] https://www.cbc.ca/news/canada/edmonton/covid-alberta-deena-...

Re: I was wrong, we need crypto

#196

Post by sweetbitter »

danaris wrote: post #184
jqpabc123 wrote: post #150

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 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…

If you wish for people to stop seeking the protection of their civil liberties, perhaps then you should stop attempting to undermine those civil liberties through the likes of secret courts and secret laws, warrantless mass surveillance, warrantless seizure of property, proprietary software, and other various techniques that western oligarchs have pushed in the interest of preventing so-called "terrorism".

Re: I was wrong, we need crypto

#197

Post by jqpabc123 »

jl2718 wrote: post #175
jqpabc123 wrote: post #122

Earlier quoted context omitted.

It doesn't "follow" anybody. The uniswap "algorithm" has no other choice but to follow the "market". Otherwise, it would do no trades. Binance's trading volume is 40-50 times that of uniswap. What Binance does affects the price on uniswap --- way more than the other way around. If Binance mints USDT and uses it to buy lots of BTC, what happens to the price of BTC on uniswap? Once the price on uniswap and other exchan…

Unless I misunderstand you, I think you need to look into the “automatic market maker” concept. Their paper is the best source to cut through the chatter: https://uniswap.org/whitepaper.pdf

I haven't looked at their paper but I think I understand the concept.

Algorithm or not, they are just a little fish that can't possibly do very much to alter the direction of a marketplace whale they don't control.

The only way for this concept to have any real overall significance is if they establish their own separate crypto and be the only "market maker" for it. But then this is "centralization" all over again.

Re: I was wrong, we need crypto

#198

Post by ivanvas »

arcticbull wrote: post #99

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…

> If you see yourself supporting these anti-Democratic viewpoints, ask yourselves: "Are we the baddies?"

I think only in the domain of history the "baddies" term make sense. Until then (historical perspective and taking the survival bias into consideration), the majority is "just" that. Not to dismiss it, of course, being a basis of democracy.

Re: I was wrong, we need crypto

#199

Post by arcticbull »

ComradePhil wrote: post #190
bb88 wrote: post #178

Earlier quoted context omitted.

> 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.

How familiar are you with Canada, Comrade Phil? We enjoy a vibrant, multi-party parliamentary democracy with all sorts of different opinions represented. We have five major parties, not two. An even an up-and-coming nutbag 6th.
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