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by sillysaurus3 3191 days ago
Hmm? I think we're just talking past each other. I didn't mean to imply it was about morals -- it seems inherently amoral.

His motive is clearly money. He wants to get rich. That's a fine motive and he's not killing anyone or defrauding anybody (yet).

Why is it only ok to tap into a market when the legal system says it's ok? He's not even a drug dealer; drug dealers really do ruin lives.

Your argument here appears to boil down to "If you think it's sane to climb Mt. Everest, I suggest you rethink your actions. You'll probably die."

Except it's more along the lines of climbing a mountain no one has ever climbed before. Yes, you certainly have a point. He'll probably get caught and probably go to prison. But... So? It's his life to risk.

In the meantime, you've got to respect the raw determination. We'll see if he delivers. If not, then it's just a bunch of hot air. But he's onto something. The legal system is going to have to adapt to something it has never had to deal with before outside of cartels: the ability to operate a full business completely anonymously.

Even if he fails, someone else will come along and do the same thing. You want ten million dollars? Heck yeah you do. Tap into that feeling and amplify it by 100x, and that's the drive that pushes people to do this kind of thing.

Really though, as long as he's not hurting anybody I don't understand why we have a right to trash on him. He hasn't stolen anyone's money yet, and he's trying to build something new. I'd like to interview him, to be honest.

(I agree you weren't really trashing on him, just pointing out how crazy his plan is. That's true, but he's not a run-of-the-mill lunatic, which is sort of what your comments imply.)

1 comments

No, my argument boils down to he is willfully breaking the law while openly stating his plans and that the judges aren't going to appreciate that, the SEC isn't going to find it funny, and the prosecuting attorney is going to submit it as evidence. He is doing this while he is fully aware that prison is the likely outcome.

That's not rational. That is irrational thinking that is likely to result in harm coming to the actor.

That's pretty much the definition of mental illness.

They aren't even alone. They are just one example. Watch the comments about ICOs and cryptocurrency. You'll see comments that are saying the government can't stop them, them the individual.

No, the government can't necessarily stop an idea. They can't even really prevent cryptocurrency. What they can do, and do very efficiently, is stop the individual.

That is irrational thinking. It is how people end up in prison. I'd like it if, you know, HN visitors didn't end up in prison. I'm kind of fond of some of you. Prison is not a nice place, I've worked at one.

When you start mucking about with things with real-world implications, it's no longer a game. It's no longer something you can talk your way out of. It has real-world penalties. There are negative consequences.

The government can, and will, stop those who draw negative attention. They really, really hate it when you negatively impact the economy, as a general rule.

However, you're right. It is their life to risk. That doesn't actually make it sane.

It's not like they are going to go to prison rich. No, the government is going to issue fines to go along with their prison sentences. Do not taunt the men with guns. Taunting men with guns only works in video games and movies.

Please stop talking about mental health in this context.

You may or may not be correct in your prediction about the legal ramifications of this person's actions actions but making comments about their mental health is completely erroneous.

KGill if you have a specific criticism that we're being irrational, please contact us. Info in profile.

This country was founded on taunting men with guns and winning. Every bit of social progress does too. I am a small actor in comparison but the ideas are what matters.

Aye,

When there's nothing left to believe in,

It's time to make believe something better.

It's not like they are going to go to prison rich.

Well, this is the most interesting part: They will. If they go to prison at all, they'll go to prison rich, and no one will be able to take their money. Once they're out, if their opsec is half-decent, they'll still have it.

Having money in a third-party-inaccessible form just means that when the government decides to confiscate it, you sit in jail indefinitely for contempt of court until you make it accessible.
Well, yes. But that means your opsec has failed. If they know how much Monero you have, you've messed up.

It's quite easy to mess up, of course. But that's beside the point. The idea is to reveal a small sum of money while obscuring most of your proceeds.