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The “police have been devoting a huge amount of resources to track down peaceful people engaged in voluntary trade
like Charlie Shrem and the operators of the Silk Road Market,” Ver says, “while evil hackers were busy terrorizing
quadriplegic Hal Finney and his family.”
"voluntary trade" makes it sound like said trade wasn't actually illegal (in other words, like something the police are actually supposed to stop, peaceful or otherwise.)This is meant to suggest that the police were harassing innocent people while completely ignoring the actual crimes described, of course playing up the typical Bitcoin narrative of the violent, thuggish and incompetent police state. Left completely unmentioned, is the fact that Bitcoin is designed, and intended, to make it infeasible to track users and enforce laws against transactors. It's an explicitly anarcho-capitalist system. Extortion rackets around Bitcoin are not a bug, they're a feature. |
Cash is difficult but not impossible to track, Bitcoin is ridiculously easy to track by comparison.