[mhluongo]

> The only situation where trust is minimized or absent is jurisdictions where there is no law or less law, in which case you’re going to use force instead of code to enforce law.

Or where you don't want to share your identity... like maybe the internet?

[toomuchtodo]

In which case, you violate nation state laws against KYC and AML, and the repercussions that go along with that.

Having the ability to implement a solution technically does not make it legal or without consequence (like Virgil Griffith, formerly of the Ethereum Foundation, who demonstrated to North Korea how to evade sanctions trading Ethereum and is going to jail for five years for doing so).

[stale2002]

> In which case, you violate nation state laws against KYC and AML, and the repercussions that go along with that.

No, actually. Many people send crypto transactions all the time, and do so anonymously, and the vast majority of them don't get in trouble for it.

Descriptively, it is untrue that there is some sort of wide scale crack down on anonymous crypto transactions in the west.

And no, before you say it, it doesn't really matter if, hypothetically, a future government could become extremely authoritarian, and arrest all the crypto users, because for whatever reason, crypto has been around for a decade, and governments aren't doing that.

The reality, and facts on the ground, are that people making anonymous crypto transactions all the time, and don't get in trouble with that, no matter how much people will then respond to this post by saying "Well, what if the government started doing it tomorrow!". Its not happening. Therefore, it is a useful usecase.

[toomuchtodo]

> Descriptively, it is untrue that there is some sort of wide scale crack down on anonymous crypto transactions in the west.

Europe: https://www.ecb.europa.eu/press/key/date/2022/html/ecb.sp220...

US Executive Order: https://www.whitehouse.gov/briefing-room/presidential-action...

UK: https://www.cnbc.com/2022/04/04/uk-to-mint-its-own-nft-and-p...

China: https://techcrunch.com/2021/09/24/china-says-all-cryptocurre...

South Korea: https://www.bbc.com/news/business-42784384

Japan: https://www.fxempire.com/news/article/financial-services-age...

Caveat being India and Japan, these are the top 10 economies in the world.

[stale2002]

C'mon. Stop. You know that the government is not going around raiding crypto meetups and arresting people.

People send crypto transactions all the time and don't get arrested.

I know this. You know this. We don't have to pretend.

People use crypto all the time and don't get in trouble for it. We both know this.

I used crypto just this morning on chain. Nothing happened to me, even though I didn't send a KYC letter to the government about it.

The government isn't going to show up at my doorstep tomorrow because I used a smart contract.

Your feelings, are what is called "cope". People have been predicting for years and years that all the crypto people were going to be sent to jail, yet it keeps not happening.

Instead, the only thing that has happened, is that more and more of the entire tech industry has moved towards using more crypto.

I went to GDC a couple weeks ago, and I learned that a freaking 3rd of the video games industry is desperately trying to figure out how to add NFTs to their games.

I wonder what industry will be next? And will it ever been enough, to dismiss the constantly wrong people, who continue to be wrong about all the crypto people going to jail? Because I remember the same arguments a decade ago. Still hasn't happened yet.

I still go to crypto meetups every week, and I am not seeing the police raids, for all the illegal things that you think we are doing.

Or, in other words. Cope.