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by diego_sandoval 846 days ago
And then people say that cryptocurrencies have no reason to exist. This one right here is a pretty powerful reason.
2 comments

And yet it is exactly this that allows major criminal organizations like the NSO Group to be prosecuted. "Liberty [from powerful factions]" is explicitly the whole purpose of governments being instituted with the consent of the governed.

I for one would trend toward banning cryptocurrency even if it weren't a complete waste of energy.

Of course criminal organizations would prefer a currency not controlled by an unfriendly government. “Reason to exist” alone doesn't make it a good idea.