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SEC asks for emergency order to freeze Binance US assets anywhere in the world

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Re: SEC asks for emergency order to freeze Binance US assets anywhere in the world

#291

Earlier quoted context omitted.

Explain the difference between criminal use of cryptocurrency and criminal use of cryptography.

The entire basis of how the internet works is based on cryptography, and while everything has the potential to be misused, it's impossible to argue that the primary use of cryptography is criminal, unethical, or wasteful. The same cannot be said for cryptocurrency.

Government controlled cryptography can reduce misuse. Regulation works there the same way as for money.

Re: SEC asks for emergency order to freeze Binance US assets anywhere in the world

#292
post #159

Earlier quoted context omitted.

Sure, but Airbnb isn't trying to replace a core societal institution and subvert hundreds of years of financial law. While also if you're American violating the constitution...

Look, I hate crypto too, but I think housing still qualifies as a "core societal institution".

Airbnb is more hotels. But I can see how it muddies those waters.

Re: SEC asks for emergency order to freeze Binance US assets anywhere in the world

#293
post #5

Once again the use-case for crypto turns out to be... large scale criminality and fraud. Shocker.

Please don't post tedious flamewar repetitions to Hacker News. It's not what this site is for, and destroys what it is for. We want curious conversation here.

https://news.ycombinator.com/newsguidelines.html

Re: SEC asks for emergency order to freeze Binance US assets anywhere in the world

#294

The quality of discourse at this stage of the thread (2 hours, 20 comments) is incredibly disappointing. Hn usually has high quality discussions. What is it about crypto that causes us to lose our minds?

[flagged]

The posts and comments you're talking about aren't coming from new users and there hasn't been a surge of new users. I think it's just the usual stochastic flux.
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