sometimes i often think of the government law as nonsense. they can just declare anything illegal if they cannot impose power on it. i'm not saying laundering is legal and mixing is illegal, but how come they assumed someone is committing illegal actions when they just want to hide their identity?
it stems from many reasons
firstly criminals mindsets is "dont look at me until i done a crime then find things to link me to it"
innocent people mindset "is look out for risks to help stop them before they happen, protect us thats what we pay our taxes for"
thus the innocent narrative over centuries develops to make laws to prevent crimes, reduce the harm of crimes and to catch criminals in the act, and easily identify criminals after
authorities cannot arrest someone before they done the crime but they can prepare possible risks and suspects so that when a crime finally happens. boom. easy catch
(and no governments are not going to start doing 'minority report' pre-crime arrests)
next layer is people think money is private where they thing people have rights to privacy. but for over a millenia.. money has never been private property. money has been a central invention that is the property of the centralist creator thus its their rules that decide how people should use it
yep even gold in the days of eqyptians required being handed to pharaohs to be sanctified into being used by the locals(forged into rings called debens). thus to control the value/taxation/circulation
roman coins. british coins american coins.. all the same over the last many centuries. bank notes too more recently
bitcoin is new. its a currency that was not created/controlled by central authority.
BUT because other things like stocks/shares/ derivatives and patents have come under the wheelhouse of regulators.. guess what
the issue is that in 2014 bitcoin become recognised as a currency by countries laws. meaning they become under the jurisdictions of currency laws
yep people actually lobbied to get bitcoin recognised and thus put under the purview and jurisdiction of currency laws.. all for the benefit of "mainstreaming"
EG america does not own euro but america has currency laws for foreign currency.
america has laws about private shares/stocks
the biggest mistake bitcoiners made was to lobby and request being recognised as being a legal currency in the laws eyes 2014+.. rather than private property 2009-2014
bitcoin WAS private property pre 2014.. but now its not
privacy expectation was lost as of 2014 as the jurisdictions of the bank secrecy act and other currency laws were allowed to be put onto those using bitcoin
the other part is.. when you use any business or service those businesses/services have a certain expectation to be legitimate. but that means following laws
you cant just say something is legit because forum-bro said to forum-sis that it is
it requires looking at the LEGISLATION that makes things LEGIT
the problems come when going legit is not just making it seem good to get more users. its also the consequences that come with it whereby you are then allowing laws to define and set rules upon it
this legitimisation of bitcoin in 2014 also spread from 2015+ to all other assets/tokens of similar technologies under the "crypto" umbrella
in very short form: for those that love fantasy
sorry dorothy we aint in 2014 no more.. now we have to follow the yellow brick road of the wizard