Live data from Hacker News

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

tftc.io

561–570 of 611 posts

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

#561

Earlier quoted context omitted.

It's really interesting to me that you seem to assume that non-racism is the default state, and that humans have to be taught to be racist. Based on what I've seen in the world looking across all the countries I am familiar with, including the US, I have to say I think the opposite is true.

Anyone with experience teaching children could tell you that racism is taught. It's just not baked in for kids. However it's also not a very interesting question imo. You will never "reset" a generation from any aspect of culture, and now that we're in the global information age it's triply impossible. We don't need to fool around with naturalist fallacy - it's enough to say that racism is bad and we should get rid o…

I have experience teaching children. They typically don't experience the scarcity that leads to fear and tribalism among adults. Tribalism doesn't have to be taught.

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

#563

Earlier quoted context omitted.

On the other hand you get to vote who is in the gang. So choose wisely.

Most of the people on the planet don't get to vote.

Unfortunately. It looks like even 25 years ago over 50% lived in democracies, but the rise of autocracy recently is certainly depressing.

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

#564

Earlier quoted context omitted.

Much like baseball cards and beanie babies.

Companies can make more baseball cards and beanie babies. Enforced scarcity gives bitcoin value.

No they can’t. Collectors value certain production runs. It is enforced scarcity.

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

#565

I feel like growing up is realizing that the government is just a big gang. They do what they want and will enforce with menace what they want. They can change the rules, take your stuff and it ain't stealing because they said so. Sigh.

I recognized it in the opposite direction, after observing that gangs inevitably end up being quasi-states within their turf. They demonstrate almost everything I associate with statehood except for issuing their own currency. From there, the reverse (that governments are just big gangs) also flows naturally.

To your point: gangs of various stripes pay blood money to the families of fallen members; they also fund or support community programs to curry good favor.

My takeaway though is that human societies abhor a power vacuum: no matter what my libertarian and ultraliberal friends imagine, there must be a strongman. At least with democracy, we have the opportunity to somewhat influence who that is.

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

#566
post #297

Bitcoin is a perfect microcosm for the tech sector in what happens when people who don't know how something works and refuse to understand it, try to replace it. Every aspect of the modern financial system exists for a reason. It evolved over time to deal with problems. Things like reversible transactions are a feature not a bug. Bitcoin is where all the gold bugs went who lamented the end of the gold standard. Most…

Wrong. As per the Coinage Act of 1792, the US dollar was to be equal to exactly 371.25 grains of fine silver.

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

#567
post #315

I 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…

Ifnnu the government actually caught criminals it old be easier to believe that giving them more tools to so might help. But in reality most crimes go unsolved and most prevention is done by human nature and people just not doing crimes

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

#568

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…

> there is never an alternative offered which my grandma could use E2EE messenger Wire comes from the people who created usable Skype and contributed to the royalty-free audio codec Opus ( https://opus-codec.org/ ) which now enables WebRTC (used by modern conferencing apps including Zoom, Jitsi, GoToMeeting). They contributed to the IETF encrypted group-messaging protocol MLS ( https://datatracker.ietf.org/wg/mls/abo…

I think you missed my entire point.

I'm happy there's alternatives. Competition is good. But that's beside my point.

Maybe to make the same mistake I'm critiquing, am I understanding things correctly? Does the free version of Wire not encrypt messages at rest?[0]. Seems weird to not make the messages encrypted when they're on device. I think this is going to be a deal breaker for people because they don't want their whole conversation history scrapped anytime they get stopped at a border crossing.

[0] https://wire.com/en/pricing

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

#569
post #548
post #535

Earlier quoted context omitted.

It is no accident that the current admin is classifying suspected drug runners as ‘terrorists’, for example. Namely, the precedent of the Obama era droning of even US citizens under the same label.

If they are going to go to war at least go to war over something that immensely benefits Americans (such as decrease of deaths due to overdosing and consequences of addiction). Definitely better than acting as the enforcers for other nations who are too pussy to do their warring on their own.

Lets make a deal, the US can destabilize the middle east as they desire more mission accomplished IS nation building against terror but in return has to take in all the resulting refugees, even when they look a little mexican.

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

#570
post #315

I 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…

your father wasn't a tech guy. he was a cop.
Post reply on HN