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by eimrine
782 days ago
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> That's why the government wants KYC, and they make a damn good case for it all things considered. The government considers a man with cash as an enemy because bureucrates loves to see all your transactions on his computer and especially his favourite milestone is an ability to block some transactions. Government is just a stationary thug and it has no other goal except of collecting as much taxes as possible. |
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You were speaking the truth, right up until you got to this line. Governments are beholden to the people, you wouldn't be able to adjust taxation legislatively if taxation was an authoritarian function of the state. Don't accuse the government of being a "stationary thug" when it's the politicians you elect that vote on these issues. If you legitimately believe what you said, you've bought into a defeatist ruse.
In reality, a government's greatest plausible obligation is to protect it's people, and that's what crypto regulations do. You can be as sardonic about it as you want, but tax and sanctions evasion is a crime and crypto exchanges will be treated as aides and abettors as long as they choose to deal in crypto.