81–90 of 591 posts
What’s next? Using anti-terror laws for copyright enforcement?
Ransomware is actually a legitimate threat to the well-being and health of all people. They lock down government and health records. It a huge risk to the American people
What's the current official policy, is this still on the table (probably only for massive attacks)?
Food supply, fuel, utilities. I get it, this is serious stuff.
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Yeah, opening it up and seeing 30%+ gains in a day does give me a sort of high.
You won't be seeing 30%+ gains when they're throwing people in prison for it. Most drug users are never prosecuted. But the threat of prosecution does very little to affect the quality of their purchase, relative to what it would do to BTC market as a whole.
For me "Terrorism is, in the broadest sense, the use of intentional violence to achieve political aims", there is no political aims here, their goal is to extort as much money as they can from their victims. This is a criminal activity and any small or big companies that pay for it are feeding the monster and should be persecuted. But the US has been ignoring it for years and now it comes right back to them.
The willful ignorance and non-action by states that provide a safe haven for launching these attacks seems to be potentially political to me. If the attackers are state backed, then its definitely political. If the attackers are not state backed, it seems plausible that the state has made a decision to allow the attacks to take place because sowing chaos and discord in the united states is an aim of their government.
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You won't be seeing 30%+ gains when they're throwing people in prison for it. Most drug users are never prosecuted. But the threat of prosecution does very little to affect the quality of their purchase, relative to what it would do to BTC market as a whole.
Do you know how absurd that would be? Crypto like Bitcoin are just a database in essence. Throwing someone in prison for running a database on their computer would probably spell the end of general purpose computers. You will not be allowed to run databases anymore unless they are approved.
It’s really bot unusual for the law to treat things differently based on the purpose for which they are used when they are “just a database, in essence”.
What about the other side of this? Instead of seeking backdoors and using them to spy on Americans, the NSA should be stepping up their game and securing vital infrastructure and domestic businesses against these attacks.
I'd rather not see taxpayers have to foot the bill for the profit of megacorps neglecting proper cybersecurity while sitting on mountains of tax-evaded offshore cash, thank you. The industry should be magnitudes larger than it is currently, and we shouldn't encourage corporate recklessness by socializing the costs.
Realistically even with government support, effective cybersecurity is going to require significant private effort and investment as well.
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Yeah, that's what happened with drugs. The price of drugs actually dropped to zero and it's now impossible to get LSD.
Difference is if corporations and funds can't hold bitcoin/crypto - you're back to $1/BTC. The whole value proposition of BTC hype bubble bursts if it's illegal in a major market like USA. Don't doubt some cyberpunk nuts will keep playing with it.
Heck, even in American history we once tried to ban private ownership of gold bullion. The black market price of gold rose substantially.