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We must protect privacy, even in the face of cryptocurrency crime. As governments crack down on one of the most notorious tools for criminal money laundering in the cryptocurrency world, I’m worried about the ramifications.
Some who know me as a cryptocurrency critic may find these opinions surprising coming from me.
But if you are surprised, I have failed. And I think I have, because I think some of you will be.
@molly0xfff for me, you have seemed a bit over the top in attitude while reporting much factual information that I appreciate.
You're far from alone in seeming blanket anti 'crypto', whatever each person takes that to mean. The latter being part of the problem.
I'm interested to see what are your concerns, and to have less blanket, more detail on what you see as good or bad.
I've watched this unfold for over a decade and I do get it, but I'm not for throwing the baby out with the bathwater.
@happyborg I go into it in the piece, but: I don’t think there’s much good, frankly, even though I respect many of the goals. But I strongly believe that people should have the right to do things I don’t like. The focus needs to be on the fraud/scams/lack of consumer protection, not on cracking down on the technology or ramping up financial surveillance even further. Meanwhile we need to work on improving the sorry state of financial privacy.
@molly0xfff Do you follow @sarahjamielewis and Lyn Alden (she's on Nostr these days). They might change your mind on «I don’t think there’s much good».
@aerique @sarahjamielewis the former, yes. she's brilliant.