Live data from Hacker News

I was wrong, we need crypto

world.hey.com

241–250 of 336 posts

Re: I was wrong, we need crypto

#241

"In just three weeks of honking, blocked streets and bridges, bouncy castles and flag waving, this peaceful protest" Aside from a billion dollars+ in trade blocked when the protest -- having achieved nothing terrorizing the residents of Ottawa and blasting horns/setting off fireworks around the clock -- branched out to trying to block international borders, they harassed schools, healthcare workers, anyone wearing a…

>Aside from a billion dollars+ in trade blocked when the protest -- having achieved nothing terrorizing the residents of Ottawa and blasting horns/setting off fireworks around the clock I don't think, it is entirely fair to blame it all on one side. What the government could have done is meet with the protestors and solve the problem diplomatically. Agree on a reasonable compromise, like suspending some restrictions…

No we do not meet with terrorists. That is what the occupation was, terrorists harassing, intimidating and torturing the businesses and residents of Ottawa.

I think everyone has a right to protest, peacefully, and many have in Ottawa. None of them terrorized the city for 3 weeks. Before you say that it was a "peaceful" protest note that there are many types of terrorism [0] and this occupation fits into "Civil disorder – A form of collective violence interfering with the peace, security, and normal functioning of the community.".

[0] https://en.wikipedia.org/wiki/Terrorism#Types

Re: I was wrong, we need crypto

#242

Earlier quoted context omitted.

> What happens if the biggest player has an unlimited supply of money they can just mint at will and use it to drive up the price that you pay? That's what central banks do, and a lot of cryptocurrencies. It's very very hard to do though with Bitcoin.

That's what central banks do, and a lot of cryptocurrencies. Yes, so crypto is just like fiat but without regulations or safe guards or insurance. It's very very hard to do though with Bitcoin. It's hard to manipulate the quantity of bitcoin --- not so hard to manipulate the price of bitcoin.

> Yes, so crypto is just like fiat but without regulations or safe guards or insurance.

That's why I'm not a fan of crypto in general, only of Bitcoin

> It's hard to manipulate the quantity of bitcoin --- not so hard to manipulate the price of bitcoin.

True, but I guess it's easy to do that with every small market. I'd imagine the bigger the market capitalization, number of participants the harder it would be to manipulate the price.

Re: I was wrong, we need crypto

#243

Earlier quoted context omitted.

There was a court case that settled this if you're curious to learn more. [1] Not only did they rule it unlawful, they gave the truckers a few hours after the ruling came down to vacate the area before it went into effect. They have been given every opportunity. They decided that rather than following the lawful orders of the court, they would simply continue their occupation. This isn't a protest, it's an unlawful o…

"The injunction was filed by the city of Windsor and the Automotive Parts Manufacturers' Association, which argued that they were losing as much as $50m ($39m; £29m) per day because of the convoy" Really? A protest deemed illegal because some company is loosing money? That's one of the points of peaceful protest, making non violent pressure where possible. If there was no more food and they were blocking it I could u…

You asked, and I answered. It was deemed an illegal protest by a court of law. Canada is a rule of law country. If you don't like the ruling you can appeal. You are also free to disagree.

It's not that they were protesting, it's how.

> BLM protests caused billions in damages, fire, looting, vandalism... And Trudeau supported it

This feels a lot like whataboutism.

I didn't vote for Trudeau last election and I do not plan to vote for Trudeau this election. That doesn't change my opinion of the lawfulness or correctness of the actions taken here. Only 1/3 of Canadians voted for Trudeau last election but 2/3 of Canadians support this decision. So clearly it can't just be LPC voters or "Trudeauphiles."

I don't think I can get 2/3 of my coworkers to agree on a dinner spot for an offset. It's only slightly less than the percentage of dentists who think Oral B makes your teeth fall out. Politically speaking that's a heck of a support base.

> And peaceful protesters were harassed by police in other locations

Obviously I do not support this behavior. I believe in broad-based police and prison reform.

I don't wish any harm on the protestors. I think they're misguided, but I do believe they want for what they think is best. I do however wish them a speedy GTFO the capital and border crossings.

I hope that once things are cleared out and order is restored that they return to parliament, without trucks - but instead, with their signs. They deserve to be heard.

Re: I was wrong, we need crypto

#244

Earlier quoted context omitted.

There was a court case that settled this if you're curious to learn more. [1] Not only did they rule it unlawful, they gave the truckers a few hours after the ruling came down to vacate the area before it went into effect. They have been given every opportunity. They decided that rather than following the lawful orders of the court, they would simply continue their occupation. This isn't a protest, it's an unlawful o…

Nobody batting an eyelid probably isn't the goal of a protest though. I hope these peaceful protests sometimes do make a difference at least.

> Nobody batting an eyelid probably isn't the goal of a protest though.

Indeed, but the protests made national news basically each time. There's a lot of folks from outside Canada suddenly paying attention when they were not, at all, paying attention to Canada over the last few months, years or even decades. Context matters and a lot of folks. I don't know if you're Canadian or not, but most commenters have none - but still insist on raising their pitchforks over something they either do not understand or do not have any context on.

Re: I was wrong, we need crypto

#245
post #17

Earlier quoted context omitted.

It's a mistake to think this article is just a rehash of the classic arguments for crypto. The Canadian response is the first piece of hard evidence we have seen that such arguments aren't just fanciful theoretical speculations that could never apply to wealthy, liberal democracies. It is good and useful to point this out. Even if the rest of the piece is ideologically motivated, we shouldn't then close off to this i…

Cypress closed their banking and did forced bail-in. https://www.theatlantic.com/business/archive/2013/03/everyth... Anyone paying attention has some btc just in case.

That was the the time when I bought BTC as well. People are too attached to their political views to see that it could be them as well sending $25 to their favourite protest (for example BLM, where there was looting involved as well).

Re: I was wrong, we need crypto

#246
post #17

Earlier quoted context omitted.

It's a mistake to think this article is just a rehash of the classic arguments for crypto. The Canadian response is the first piece of hard evidence we have seen that such arguments aren't just fanciful theoretical speculations that could never apply to wealthy, liberal democracies. It is good and useful to point this out. Even if the rest of the piece is ideologically motivated, we shouldn't then close off to this i…

>The Canadian response is the first piece of hard evidence For two decades the US has frozen and seized accounts in the hundreds of thousands -- billions of dollars in assets -- often with little oversight or checks. Civil forfeiture is rampant. Whole political groups have been declared "terrorist affiliated" and any correlation at all can lead to extremely unpleasant outcomes. No fly lists are flippant and casual. A…

,,To use this as the kick off point for some crypto advocacy seems...pernicious.''

There were people who could only afford to pay a lawyer to get back their money taken away from them by civil forfeiture because they had some Bitcoin as well in their portfolio. They got all their money back, as they were innocent, but they would have had to ask lots of money from their friends just to be able to afford a lawsuit. So no, this is not the first time having some Bitcoin is advised against civil forfeiture.

Re: I was wrong, we need crypto

#247
post #110

Earlier quoted context omitted.

There is no evidence it was "Trudeau's personal photographer" that took the picture in question. Zero.

I apologize. I overstepped and will correct my previous comment with a note. I do find it suspect that this all went down at the Fairmont Chateau Laurier which is a hotel most well known for hosting foreign dignitaries and heads of state, as well as more recently large numbers of police brought in from around the country. This single nazi flag incident has been repeated by the government and it's proponent so many ti…

They’re walking up the pedestrian walkway that wraps around the outside of the Chateau Laurier from Major’s Hill Park to Wellington, the street Parliament is on.

You don’t need to be staying at the hotel, or even visiting the hotel to use it. Thousands of pedestrians, including many tourists coming from other hotels downtown, use that walkway every day to access Wellington and the Parliament.

It’s also a great vantage point to be seen from the bridge spanning the canal, where I assume this photo was taken.

So no, this did not “all go down at the Chateau Laurier”, it went down outside it, on a heavily trafficked public walkway.

Re: I was wrong, we need crypto

#249

Earlier quoted context omitted.

> Donations in those forms would almost certainly be liquidated immediately, into ordinary banking accounts. Not necessarily, p2p and cash.

Converting cryptocurrency into fiat outside of the financial system falls under the "don't do two crimes at once" maxim, in this situation.

There is nothing illegal about converting crypto to cash in a p2p transaction.

You're also US biased with your opinion.

Re: I was wrong, we need crypto

#250

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…

Yeah, but have you considered that liberal man bad?
Post reply on HN