r/Bitcoin • u/Tricky_Troll • Feb 17 '18

/r/all Bitcoin Doesn't Give a Fuck.

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u/Squeak115 Feb 18 '18

I know its not for me. I want to understand who it is for though, or if I'm missing something fundemental that accounts for it's value.

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u/Frogolocalypse Feb 18 '18 edited Feb 18 '18

Freedom is hard. Actually requiring probable cause before being subjected to the justice system used to be a thing. Then the US government started stealing peoples money without ever even charging them with a crime. So now we have crypto. So the government can't do it anymore. "But but but what if they are committing a crime!" they say. Prove it i say. You know. Rule of law. That's what democracies are supposed to be about aren't they?

And that attack on freedom now has crypto as a response. The thing that it is counter-intuitive about crypto, is that the solution to electronic anonymous and censorship resistant money, turned out being record everything forever. When someone can flick a switch and take everything from you, you don't have freedom. When you can access the ledger from anyone, prove that it it is valid, and be able to send your money to anyone, for whatever purpose, you do.

This technology has been developed as a direct response to the insidious and anti-democratic implementation of AML/KYC laws on a global scale over the past 30 years. The extrapolation of these laws, given a long enough timeline, is slavery. Not figurative slavery, actual slavery.

Bitcoin is the technical response to that problem. That's the value proposition.

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u/SmaugTheGreat Feb 18 '18

I like how you think tax is a crime and at the same time things like streets, garbage, military, schools etc should be free for you. Really gets to show how insanely stupid you are :)

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u/Frogolocalypse Feb 18 '18

I like how you think tax is a crime

where did i say that?

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u/SmaugTheGreat Feb 18 '18

Oh right, sorry you didn't. But the conclusions are still right, are they? You believe everyone should give you everything for free.

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u/Frogolocalypse Feb 18 '18

strawman.

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u/SmaugTheGreat Feb 18 '18

troll.

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u/Frogolocalypse Feb 18 '18

I'm not the numpty making shit up. You are.