Earlier quoted context omitted.
Whenever leftists say that "Trump is a symptom of an illness that has been metastasizing for a long time" this is what we mean.
My big ask is, was it always this stupid? Like, all these huge historical events and figures, did it all go down as stupidly and clownishly as the modern USA? Was there an early 20th century fascist Europe equivalent to a man named Big Balls being beat up by children and a fascist police action being triggered as a result? Was there a Napeolonic era equivalent to a media figure known for making light of school shooti…
The treasury is expanding the Patriot Act to attack Bitcoin self custody
381–390 of 611 posts
Re: The treasury is expanding the Patriot Act to attack Bitcoin self custody
#382Earlier quoted context omitted.
Whenever leftists say that "Trump is a symptom of an illness that has been metastasizing for a long time" this is what we mean.
My big ask is, was it always this stupid? Like, all these huge historical events and figures, did it all go down as stupidly and clownishly as the modern USA? Was there an early 20th century fascist Europe equivalent to a man named Big Balls being beat up by children and a fascist police action being triggered as a result? Was there a Napeolonic era equivalent to a media figure known for making light of school shooti…
To be clear, the book is fiction, but struggle sessions and beating physicists to death is not.
Re: The treasury is expanding the Patriot Act to attack Bitcoin self custody
#383Earlier quoted context omitted.
There's a lot of stupid people out there waiting for someone who knows how to speak to them. Sounding like a country bumpkin and being unimpressive to the elites is probably good qualities if you want to be that sort of person.
>a lot of stupid people I mean not being condescending to them would go a long way.
Re: The treasury is expanding the Patriot Act to attack Bitcoin self custody
#384This is pure click bait that relies on a deliberate misreading of a 2023 notice [1] that tries to imply that "self custody" is being attacked in any form. All that this is saying is that the government will try to track money movement to pursue criminal activity, including, unfortunately the criminal activity of moving money in a way that looks sketchy. This is something that we have decided we have to live with. [1]…
Crypto is increasingly no different than traditional banking in anyways that are beneficial, and remains different in ways that can only be harmful to the individual (market manipulation, wild speculation, lack of institutional regulation) etc.
I don't know how anyway remotely interested in decentralized crytpocurrencies can see this as "click bait".
Re: The treasury is expanding the Patriot Act to attack Bitcoin self custody
#385Inevitable. Remember Roosevelt's gold confiscation. https://en.m.wikipedia.org/wiki/Executive_Order_6102 It was forbidden to have more than 5 ounces of gold.
Good for Bitcoin, then ? Is it becoming a form of Gold, for real ?
Re: The treasury is expanding the Patriot Act to attack Bitcoin self custody
#386Earlier quoted context omitted.
> Whenever leftists say that "Trump is a symptom of an illness that has been metastasizing for a long time" this is what we mean. It's also the thing I don't understand about party loyalty. When candidate George W. Bush was running for President, he was saying all kinds of things about how big government is bad and regulation destroys small businesses etc. Clearly not consistent with what he did once he was in office…
> get your state to use STAR voting instead of first past the post and you get more than two choices, and then liars can be evicted even if their state/district goes >60% to the left or right. This. Or any cardinal voting, such ask approval, ends up being a huge win. The system is flawed from its roots. People need a voting system that allows them to specify their conscious, not vote on strategy only. The latter only…
Both teams are corrupt, but in different ways.
On my team it’s rules being bent but not broken, a few bad apples, everyone was doing it, parents wanting to give their children the best start in life, the inevitable results of the need to raise campaign funds to continue their great work, and/or they’ve already rightly been suitably punished.
On the other team it’s a problem that runs through all of them, reflecting their poor character, the lack of basic decency resulting from their hollow look-out-for-number-1 political beliefs, and is undoubtedly representative of a much wider problem that’s being covered up.
Re: The treasury is expanding the Patriot Act to attack Bitcoin self custody
#387Earlier quoted context omitted.
It's not illegal. They're talking about flagging it as "suspicious". Lots of legal things are flagged as suspicious by law enforcement.
Would that make it a probable cause for searches and seizures? If so, that would be pretty bad right?
In brief summary: If the police search your car (let's just assume probable cause exists) in a routine traffic stop and find say, $50,000 in cash in a bag, they can charge the cash with a crime and arrest it, and unlike a person, it's guilty until definitively proven innocent. I don't think that's fair. And it's a big reason that holding more than a little cash is financially risky.
On the other hand, up till now I'd argue it's more risky (just specifically in terms of potential for loss of the money) to have your BTC in Coinbase or say, FTX where mine was, than in self-custody. These notions may reverse if your crypto private keys can be seized automatically as "suspicious," and the civil forfeiture thing has proven that the police will do that.
Re: The treasury is expanding the Patriot Act to attack Bitcoin self custody
#388I have deep disagreements with my father on this subject. He worked as a federal agent for 30 years, mostly in digital forensics. He does not believe in the right to privacy in any of the same ways I do. Whereas I believe a right to privacy in your tools and communication is essential, he believes they infringe on the government's ability to catch criminals. Classic justification of "if you're not a bad guy, what do…
> the folks on HackerNews and related sites mostly have a privacy-first worldview It's more that the privacy-first folk are the ones that bother expressing opinions in threads like this. I think these days, a large part of HN audience doesn't especially care about privacy, and a good chunk of us are the ones that created the current privacy hellscape we have.
> a large part of HN audience doesn't especially care about privacy, and a good chunk of us are the ones that created the current privacy hellscape we have.
Case in point:Any thread about Signal has top comments bashing Signal over something much more minor like backups, lack of stickers, Moxie's side project with MobileCoin, and/or some conspiracy about secret backdoors. Yet, there is never an alternative offered which my grandma could use. No, she can't use Matrix. Maybe your grandma is tech literate, but mine grandma is 90. Even my parents aren't tech literate! Hell, I couldn't even get my group of PhD level CS friends to try out Matrix with me, but I could strong arm half of them into using Signal while the other half just wanted to use iMessage.
Any thread on ZKP coins like ZCash devolve into conversations about how Monero is better.
Any thread on Firefox has a top comment about how much Firefox sucks because the icons are a bit different or how the dev tools are better or some other excuse. They all devolve into people just talking about their favorite color of Chrome (e.g. Brave, Opera, Edge). IDGAF, just install Firefox and uBlock on your family's computer, they won't notice the difference between FF and Chrome.
Or any number of other such topics. They devolve into purity tests and tribalism. The lack of perfection in some tool only becomes some excuse to continue licking the boot. Can we not acknowledge that things have flaws but that these flaws are a worthwhile cost to not living under surveillance capitalism? I hear so many people complain about surveillance capitalism and then only throw up their hands in the air to say "but what can you do?" or "it's the way things are." We're the fucking people who made it that way and we're the fucking people who continue to make things that way! Not every HN user works at big tech, but I'm willing to bet nearly every HN user is their family's goto tech support person. You at least have that power to influence your friends and family about how to solve these problems.
We're the people that other people look to for tech advice. We can have nuanced conversations all day, and I think we fucking should, but most of them turn into dumb flame wars like "vim vs emacs" or "spaces vs tabs" and all this ends up with is the system perpetuating. Can we just for one god damn month not roll around in the mud? All the time I hear about how we love merit and meritocracy. Well let's fucking do it then. And we're engineers, if there's flaws in these OPEN SOURCE SYSTEMS, then let's fucking fix them instead of just complaining about the flaws of living under the boot. Or do we just like to complain and they've won because they convinced us we have no power?
Re: The treasury is expanding the Patriot Act to attack Bitcoin self custody
#389This is pure click bait that relies on a deliberate misreading of a 2023 notice [1] that tries to imply that "self custody" is being attacked in any form. All that this is saying is that the government will try to track money movement to pursue criminal activity, including, unfortunately the criminal activity of moving money in a way that looks sketchy. This is something that we have decided we have to live with. [1]…
It's not "pure click bait" for anyone that has followed along with the crypto community since the early days. This is basically an official stake in the heart for anyone that even loosely held on to the original ideals behind crypto. Crypto is increasingly no different than traditional banking in anyways that are beneficial, and remains different in ways that can only be harmful to the individual (market manipulation…
Re: The treasury is expanding the Patriot Act to attack Bitcoin self custody
#390Earlier quoted context omitted.
> concentrating power in a few regulated intermediaries. That’s not healthy for innovation, or democracy. How are "regulated intermediaries" not democratic? If they're regulated by the democratically elected government, that seems entirely democratic to me.
He said "not healthy for democracy", that doesn't imply the process to create the law wasn't democratic. Democracy always has the risk of sabotaging itself by naive actors who don't respect fundamental freedoms because they fear the public.
That sounds like a very radical statement. How are we to decide on these "fundamental freedoms" without putting them through the same democratic process we usually employ? Are we to ask the king for his opinions on how our democracy must be restricted? Are we to ask you? If the democratically elected officials "feat the public" what are they fearful of? Not getting elected? Are you implying the democratically elected officials shouldn't do what the public want?
Additionally, do these "fundamental freedoms" include the right to transact with any counterpart at any point? I have not found that right in any established human rights framework.