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The treasury is expanding the Patriot Act to attack Bitcoin self custody

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Re: The treasury is expanding the Patriot Act to attack Bitcoin self custody

#421

Post by lazyasciiart »

godelski wrote: post #410
michaelt wrote: post #386

Earlier quoted context omitted.

> What I don't understand is how a lot of people will state both parties are corrupt and then also be party loyal. 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 a…

I think you missed my entire point, so much that I thank you for demonstrating it. Rather than some abstract "my parents", I can say "like this." > Both teams are corrupt, but in different ways. Who has denied this? Is this not such an obvious assumption that it need not be explicitly stated? Need I make clear that you and I are not in fact the same person? This is a given. > On my team > On the other team And what?…

Jesus. They were literally answering your question of “how can anyone be committed to someone they describe as a lesser evil”, very clearly not even using a specific side as the lesser evil, and you’re mad that anyone is able to elucidate or understand the reasoning used? You didn’t want to know how people do that, you just wanted to mention that they are terrible people and it’s a bad choice?

Re: The treasury is expanding the Patriot Act to attack Bitcoin self custody

#422

Post by Finbarr »

BillTthree wrote: post #402
Finbarr wrote: post #397

On a long enough timeline, having anything stored in local hardware is going to be suspicious. Not surprised to see government embrace of crypto lead to increased scrutiny.

like cash?

The statement goes beyond currency. In a connected world with infinite storage, why do you need that usb stick? What are you hiding on there?

Re: The treasury is expanding the Patriot Act to attack Bitcoin self custody

#423

Post by lazyasciiart »

shadowgovt wrote: post #222
komali2 wrote: post #160

Earlier quoted context omitted.

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…

Details vary but from time-to-time, yes, things do go this wildly off the rails. You could argue that the entirety of Europe declaring war on itself over the death of one royal (and not even a reigning monarch; an heir-apparent) is such an example; tens of millions dead over something as transient as birthright rulership. Others that come to mind are much of the reign of Henry VIII (everyone knew he was dangerously p…

You could also just go with the details of that assassination, which are Baby’s Day Out levels of comic blundering.

Re: The treasury is expanding the Patriot Act to attack Bitcoin self custody

#424

Post by fluoridation »

teiferer wrote: post #414
swinglock wrote: post #393

Earlier quoted context omitted.

Being able to transact is the point of it all. If practical use is not possible that makes it useless and that makes it worthless.

This has never been the main use outside an unrealistic dream world. Its main purposes are speculation and ponzi-like scams.

There are two components to price: what the thing is worth, and what you might be willing to convince someone else to buy it from you in the future for. The latter is the speculative component. The former must be related to some intrinsic property of the thing. For example, an orange has some minimum price, because if nothing else it's composed of matter and so can weight things down. If bitcoin is useless to transact, then its intrinsic worth is zero, so its price is 100% speculative. That's not so much a bubble as just air being pressurized by no container.

Re: The treasury is expanding the Patriot Act to attack Bitcoin self custody

#425

Post by lazyasciiart »

AnthonyMouse wrote: post #404
yujzgzc wrote: post #318

Earlier quoted context omitted.

Actually that's a problem for a lot of libertarian minded tech, it starts being thought of as enabling freedom from oppressive governments and ends up being adopted by criminals - Bitcoin, Tor, etc. In the tech industry you also find a bend of very economically self interested version of privacy, which is that giving privacy to your users is a great way to claim you didn't know anything bad was happening. I'm pretty…

> Actually that's a problem for a lot of libertarian minded tech, it starts being thought of as enabling freedom from oppressive governments and ends up being adopted by criminals - Bitcoin, Tor, etc. This is such a sham though. You have some privacy-protecting technology everyone would benefit from. Ordinary people don't really understand it but would use and benefit from it if it was the default. Laws are passed th…

Criminals use privacy protection that is not illegal too.

Re: The treasury is expanding the Patriot Act to attack Bitcoin self custody

#426

Post by godelski »

progforlyfe wrote: post #407
godelski wrote: post #388

Earlier quoted context omitted.

> 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 w…

That was supposed to be the whole point of the Free (Libre) Software movement, not about cost/price and not about features/functionality... it was about being in control of your destiny and not being chained to the whims of a corporation! You're right that privacy and freedom should never be sacrificed for convenience or aesthetics!

Not to mention just the practicality of it all. Like good god, how much time do we waste on rewriting the same little subprograms? But then again, I don't understand how people make a few hundred thousand a year and can't kick back some beer money for software we use every day. A solvable problem, needing only a minority to contribute, but nearly none do.

Re: The treasury is expanding the Patriot Act to attack Bitcoin self custody

#427

Post by godelski »

lazyasciiart wrote: post #421
godelski wrote: post #410

Earlier quoted context omitted.

I think you missed my entire point, so much that I thank you for demonstrating it. Rather than some abstract "my parents", I can say "like this." > Both teams are corrupt, but in different ways. Who has denied this? Is this not such an obvious assumption that it need not be explicitly stated? Need I make clear that you and I are not in fact the same person? This is a given. > On my team > On the other team And what?…

Jesus. They were literally answering your question of “how can anyone be committed to someone they describe as a lesser evil”, very clearly not even using a specific side as the lesser evil, and you’re mad that anyone is able to elucidate or understand the reasoning used? You didn’t want to know how people do that, you just wanted to mention that they are terrible people and it’s a bad choice?

  > your question of “how can anyone be committed to someone they describe as a lesser evil”,
That was not my question

Re: The treasury is expanding the Patriot Act to attack Bitcoin self custody

#428

Post by cortesoft »

ta1243 wrote: post #271
htoiertoi345345 wrote: post #70

Earlier quoted context omitted.

"USA Freedom Act" We're truly living in Orwell's world.

For nearly quarter of a century.

Longer than that. I feel like people have completely forgotten things like Iran-Contra, or the Gulf of Tonkin.

Re: The treasury is expanding the Patriot Act to attack Bitcoin self custody

#429

Post by EFreethought »

ta1243 wrote: post #332
krapp wrote: post #306

Earlier quoted context omitted.

[flagged]

Everyone is talking about it. https://www.ibtimes.co.uk/photos-trumps-drooping-face-9-11-p... https://www.mirror.co.uk/news/us-news/trump-sparks-health-fe... https://economictimes.indiatimes.com/news/international/glob... > Biden got taken down by the the "crippling senile dementia" meme because it's only a problem when it's Democrats Democrats felt both Biden and Trump were far too old and senile to be in charge. An…

> Everyone is talking about it.

And they are talking about it very strongly.

Re: The treasury is expanding the Patriot Act to attack Bitcoin self custody

#430

Post by gus_massa »

lazyasciiart wrote: post #421
godelski wrote: post #410

Earlier quoted context omitted.

I think you missed my entire point, so much that I thank you for demonstrating it. Rather than some abstract "my parents", I can say "like this." > Both teams are corrupt, but in different ways. Who has denied this? Is this not such an obvious assumption that it need not be explicitly stated? Need I make clear that you and I are not in fact the same person? This is a given. > On my team > On the other team And what?…

Jesus. They were literally answering your question of “how can anyone be committed to someone they describe as a lesser evil”, very clearly not even using a specific side as the lesser evil, and you’re mad that anyone is able to elucidate or understand the reasoning used? You didn’t want to know how people do that, you just wanted to mention that they are terrible people and it’s a bad choice?

The problem is that the GP forgot the /s
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