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by TeMPOraL 2678 days ago
The GP's point is fair, though. Money is fungible, which is just another way of saying that it has no color. Anti-money-laundering schemes are essentially DRM for money.

Now it is my personal and completely biased opinion that money laundering and tax evasion are very big problems affecting society negatively, while copyright infringement on-line is mostly a non-issue due to IP laws being abusive; still, while relatively different in importance, the problems are still similar in the way GP describes them.

(And in both cases you learn that color is very important to the law.)

1 comments

Except it's not DRM for money. I, as a normal software engineer, have never encountered any difficulty in moving money around. Even fairly large sums ($100k+) across continents. It was quick and almost painless.

I imagine most of us here have never felt like our money had "DRM" on it.

Our money is, in fact, a different color from the terrorists'.

That's because you're on the golden path. I don't feel "DRM" when I'm watching YouTube or Netflix on my Windows/Chrome. It's only when I want to do the unconventional - like watching a movie that's region-locked, or listening to some YouTube music on my phone with the screen turned off - it's only then that I suddenly experience the extent of machinery that pays attention to colors of bits.

> Our money is, in fact, a different color from the terrorists'.

Yes. The point is, the color isn't a feature of money - or of bits - but the legal systems around use of those.

I think that’s definitely the exception, moving money internationally is a PITA unless you want to pay high fees for less hassle. It’s definitely more trouble than moving money within the same country.