• Geobloke@lemm.ee
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    4 months ago

    Surely it’s treason to launch a new currency not backed by the US government while you are the government

    • lobut@lemmy.ca
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      4 months ago

      Doesn’t matter what’s legal or treasonous or whatever. He gets away with everything. His Republicans lackey and Supreme Court will do nothing.

  • WhatSay@slrpnk.net
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    4 months ago

    You can’t fix this level of corruption with proposed laws and restrictions.

  • Captain Aggravated
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    4 months ago

    Politicians should have to take a vow of poverty and celibacy and if they’re caught owning more than two pairs of shoes we tear them apart starting with the tips of the fingers and toes and working spineward one bone at a time while all of the others watch with their eyelids stapled open. “Greed detected. Mandatory disassembly initiated. All innocents will be harmed. The guilty will be harmed a LOT more.”

    Has anybody tried this? Maybe we can give it a try here in North America after Trump burns down the United States.

    • shalafi@lemmy.world
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      4 months ago

      I’ve had the exact same disassembly fantasy. Take them apart on national TV, in front of god and everyone, piece by piece. We should be friends.

    • vga@sopuli.xyz
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      4 months ago

      Not so funny when you consider all the insiders who made millions. But of course you can laugh at the clueless MAGAs who will be even more impoverished than before.

  • mindbleach
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    4 months ago

    It’s already a crime. But at this point we’re just setting the pile on fire and pushing it into the sea.

  • kerrigan778@lemmy.world
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    4 months ago

    There already is for the president, it’s the emoluments clause, they decided to wipe their butt with it 8 years ago.

  • dx1@lemmy.world
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    4 months ago

    Rest assured that any crypto legislation will fail to address complete scams and will simply stifle innovation instead.

      • dx1@lemmy.world
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        4 months ago

        I 100% don’t agree. There’s bullshit masquerading as innovation, and all kinds of harmful technology, but innovation (read: technology) has given us everything of actual value that we have.

        • aesthelete@lemmy.world
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          4 months ago

          Great for you but darpanet was a government project and it gave us a lot of what we have.

          • dx1@lemmy.world
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            4 months ago

            Not sure what point you’re making. Think I covered all those bases in my message.

              • dx1@lemmy.world
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                4 months ago

                Etymology:

                innovation (n.)

                mid-15c., innovacion, “restoration, renewal,” from Late Latin innovationem (nominative innovatio), noun of action from past-participle stem of innovare “to change; to renew,” from in- “into” (from PIE root *en “in”) + novus “new” (see new). Meaning “a novel change, experimental variation, new thing introduced in an established arrangement” is from 1540s.

                I am not using it in a business sense. Hell, crypto’s not even supposed to be there for business, it’s getting milked in the same way the web did - didn’t mean the web was bad, and doesn’t mean crypto itself is bad. The core tech is just a linked list of cryptographic proofs that establishes a global state. All this memecoin type shit just plays on ignorance and hype.

                • aesthelete@lemmy.world
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                  4 months ago

                  Yeah cuz you meant it in the Latin, not in the way it’s actually used and not in the way I was calling it bullshit…🥱

                  Lol so you’re into business garbage and crypto?

                  Good for you. 👍

          • shalafi@lemmy.world
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            4 months ago

            And private enterprise took it mainstream. I was there, I was part of it.

  • courval@lemmy.world
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    4 months ago

    I’ve posted this on another thread and I’ll post it here too: The left has been in denial in regards to crypto. It needs to embrace decentralised crypto currencies such as ETH asap or perish. After all the current world/system we live in is ran by capital and without leftists are powerless. Either that or rivers of blood and no guarantees.

    • chicken@lemmy.dbzer0.com
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      4 months ago

      I’ve been following this stuff for a long time and most people don’t have the first clue about what the US government has been doing with cryptocurrency, which in many cases amounts to overt attacks on the freedom to write and publish open software (which does affect more than just crypto). Kind of hard for there be a meaningful conversation about it when the whole topic is kind of taboo, saturated with simplistic narratives, and basic information about what is happening isn’t even widely known.

      • mindbleach
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        4 months ago

        Is it the software? Is it really? Or is it the shitload of money sloshing around?

          • mindbleach
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            4 months ago

            Yeah. Are you seeing attacks on software - or on money?

            • chicken@lemmy.dbzer0.com
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              4 months ago

              When the government makes it a crime for US persons to use particular open source software, or to write and publish it, yes that is an attack on software, and that is something they have done and been attempting to do, in multiple different ways. Now I’ll ask, are you familiar with specifically the actions I might be talking about when I make that claim?

              • mindbleach
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                4 months ago

                No, I’ve heard no such thing, which is the entire reason I asked. I’ve seen plenty of efforts to make sure money laws still apply on a computer - but even the harshest rebukes of cryptocurrency are not about code.

                How this stuff works is not a secret. All problems come from the part where money exchanges hands.

                • chicken@lemmy.dbzer0.com
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                  4 months ago

                  How this stuff works is not a secret. All problems come from the part where money exchanges hands.

                  Maybe it is a secret, because the worst abuses here are related to situations where there is no entity taking custody of funds. It is currently a felony, per US sanctions (misapplied, as the law does not actually provide for sanctions to be leveled against software), to use the privacy tool Tornado Cash, in which no money changes hands at any point, it remains yours through the whole process. No one is running it, the developers have all been arrested, but it’s just code, so it still functions. This is just one example.