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[–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (18 children)

So you agree a privacy is a necessity and yet you still advocate a cashless society.

conflates transparent public blockchains with privacy

"we can be fooled in to rerouting that energy to a system that further indebts us to our slavers."

This is you.

[–]369[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (8 children)

Your problem is that you have yet to realize that your "cash" is backed by nothing. It never was. The people that print those papers own plenty of aspects of government. They print those papers and you're not allowed to stop them, you're not allowed to see the process, you're not allowed to see where all of the papers go and you aren't allowed to make them print less, even.

Why are you not searching for an alternative? You used to be able to buy a house for a few hundred bucks. Now it takes hundreds of thousands at a weak median. Your apathy in the face of innovation is repugnant. You are treated like cattle for good reason.

You may find an alternative if you allow yourself. All I'm doing is giving you an early warning.

Do not confuse my words. I do not enjoy what Schwab has planned, or the others he conspires with. Instead, I'm advocating for an inverted version of their plans, one where we usher in a new era of Decentralized Finance, one where humans aren't largely just debt slaves and one where we have more control over what happens to our central currency should we choose to agree to use one.

[–][deleted] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (5 children)

I'm advocating for an inverted version of their plans

The state says no. The state has more guns. The state says we should keep centralizing everything until there is one government, one bank, one corporation, one capital, and the world outside of it is filled with destitute slums. And swarms of drones, to prevent people from doing things without a license. What now?

Your problem is that you have yet to realize that your "cash" is backed by nothing.

Everyone knows. But your physical account can't just "accidentally" get canceled. They have to catch you, beat you, do something with you. Something, that other people can see.

[–]369[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (4 children)

I don't need to play your game of hypotheticals. Thanks though.

They have to catch you, beat you, do something with you. Something, that other people can see.

This makes your first point sort of awkward, doesn't it?

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (3 children)

Hipotheticals? Have you missed all the recent anti-bitcoin laws? The governments don't want any decentralization. They won't allow it.

Awkward? Have you missed all the recent account cancellations that dissidents and disobedient companies got to enjoy all around the world? Not only from the banks.

[–]369[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

I'm not here offering you my attention so you can "what if" me over and over.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

I'm advocating for an inverted version of their plans

How? Where are you planning to get the power to fight against the combined forces of all the states on this planet?

[–]369[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

It will take a lot more than riches and muscle.

I'm not an army, sure, but you seem to be advocating for apathy. Be my guest.

[–]EmergentVoid 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

If you don't share Schwab's dystopian vision, perhaps you should have phrased the topic differently, because right now it sounds like you are an apologist for Schwab's great reset plan.

[–]369[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

I'd like to explain why this is the wrong sentiment to have.

Sure, that could have been worded better. Maybe it should have read something like, "The Great Reset, as planned by Schwab and his ilk, isn't what we want, but there is an alternative."

[–]369[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (8 children)

conflates transparent public blockchains with privacy

Oh, maybe that did seem confusing and I don't think I explained that well enough:

The ledger is entirely public, yes. This is why we can audit Bill Gates (people spending less money are much harder to track, but this guy has shitloads, so he would only be vastly hindered by trying to go through all of that effort to obscure small, to him, amounts of cash. Anyway, although the ledger is public, you have increased amounts of privacy because the only interaction that your transaction has beyond you is with the other address you send funds to. This cuts out the banksters, this cuts out payment processing companies, data aggregates that sell your data to think tanks and shit, and so, so much more. Maybe I didn't explain this well enough after all.

There's a difference between the ledger being public and announcing all of your transactions through banks, payment processors and all of the rest of the groups involved in making simple transactions. Please read the Cypherpunk Manifesto.

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (7 children)

People like Bill Gates would never make all his transactions public like with Bitcoin. Please read about Monero if you're serious about privacy.

[–]369[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (6 children)

Monero, DASH, Zcash and plenty more are great examples.

You're not understanding the difference here still, it appears.

Bill Gates cares nothing of $20k, right? The reality is, that's most people's bank account. Hell, most people, in all actuality, have far less than that number in their bank account. For Bill to care at all about other avenues of value exchange, they have to offer him some kind of utility. The inconvenience alone of washing numbers that soothe his appetite, closer to the range of millions, are kept close track of by the crypto community at large. The people with large holdings like this are called whales. These whales and their exchanges are monitored closely. Most people do this so that they can profit off of the instincts of people that have already done well enough for themselves.

Bill Gates unquestionably would be audited under this system. Anyone with that kind of money would never involve that many people in their schemes, just to wash money in this way. Look, even cash itself has this same pitfall - this is why Gates was a horrible example - this is why the trope of the briefcase is so pervasive in theater: you see a huge briefcase or two, you know people are moving big money around. Hell, Walter White had to keep all of his cash in a shipping container.

I'm sorry my friend, but it's hard to take you seriously. I'm trying to help you guys here. It's unfortunate that the extent of your cognizance is a bunch of "what if"s. Maybe, instead of pointing out low hanging fruit, try asking me some questions...

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (5 children)

Dash is not a good example mate and the fact that you even mentioned it shows just how clueless you are.

[–]369[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (4 children)

You seem to get distracted very easily.

Cryptocurrency exchange ShapeShift recently delisted three privacy coins: Dash, Zcash (ZEC) and Monero (XMR). This was an unexpected move to say the least, given the exchange’s historic commitment to privacy.

https://cointelegraph.com/news/dash-objects-to-shapeshift-culling-of-privacy-coins

It feels like you're scrambling to point out a flaw. I hope you know what you're passing up.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

What's your point here? It's classified as a privacy coin even though its dog shit. You would know that already if you were serious about privacy and had done your research.

You seem to get distracted very easily.

It's not easy to get through your dunning-kruger dribble.

[–]369[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

It's no surprise to me, at this point, that there's no real progress to be made with you. It seems you don't want to progress.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

Huh? Are you a bot?

[–]369[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

That's exactly what I was just thinking.

Go drool somewhere else.