rinbaum on Nostr: eMule! I remember using that 20 years ago after Napster and Limewire got kiboshed. I ...
eMule! I remember using that 20 years ago after Napster and Limewire got kiboshed.
I think that you're missing something in your analogy.
What if those politicians and states started using eMule, flooding it with genuine looking files that allowed the state to track every IP that shares files in order to prosecute those people?
I know that this is slightly different than the current btc argument regarding government reserves, but it gets closer to the core argument regarding government involvement in anything. Governments never improve a situation.
As far as government reserves go, they are theft. Not just bitcoin, but bitcoin is the worst case since gold.
The neighborhood bullies, usually older kids or young adults, used to say "lemme hold that for you" - meaning that they were going to take your funds or whatever object (a toy, maybe some electronics, sneakers or a nice sweater) from you. Reserves are like that. The government takes wealth from the system for its own use and the proles will never see it again.
So the problem isn't bitcoin per se, but the government. As Ronald Reagan said: the scariest words in the world are: "we're the government and we're here to help you".
I think that you're missing something in your analogy.
What if those politicians and states started using eMule, flooding it with genuine looking files that allowed the state to track every IP that shares files in order to prosecute those people?
I know that this is slightly different than the current btc argument regarding government reserves, but it gets closer to the core argument regarding government involvement in anything. Governments never improve a situation.
As far as government reserves go, they are theft. Not just bitcoin, but bitcoin is the worst case since gold.
The neighborhood bullies, usually older kids or young adults, used to say "lemme hold that for you" - meaning that they were going to take your funds or whatever object (a toy, maybe some electronics, sneakers or a nice sweater) from you. Reserves are like that. The government takes wealth from the system for its own use and the proles will never see it again.
So the problem isn't bitcoin per se, but the government. As Ronald Reagan said: the scariest words in the world are: "we're the government and we're here to help you".