Post
Topic
Board Development & Technical Discussion
Re: Risk of jail for developers. Should you be anonymous?
by
Lattice Labs
on 30/04/2023, 19:24:02 UTC
I was looking at Christine Lagarde's latest remarks on CBDC's and it seems pretty clear to me that the agenda of banning cash and then replacing the euro with the "digital euro" is now unstoppable, which will for sure make the Bitcoin price go up. However, it basically means that if you are supporting BTC, you would be developing a tool that "enables money laundering, terrorism, etc" and challenges the CBDC monopoly.

How realistic is it that public figures would be facing charges in the future? As a developer, should you remain anonymous? At the end of the day satoshi knew he was going against the status quo and managed to stay safe, however, what about all these doxed developers? I can see how they'll look on github and try to hunt contributors. We are facing a scary future. It's better to say steps ahead and plan accordingly. Someone with resources probably could move jurisdictions before it's too late but what about the rest. And even if you could move you could see yourself in an Assange situation trapped in some embassy. I would like to know if developers here think about this at all and what is your escape route if shit hits the fan.



Firstly, it is important to note that the development of a technology such as Bitcoin, which operates outside the control of traditional financial institutions, does not inherently make one guilty of money laundering or terrorism financing. These are criminal activities that are independent of the tools or technologies used to carry them out.

Regarding the potential legal risks for developers of Bitcoin, it is true that in some jurisdictions, there have been attempts to hold developers liable for the use of their software for illegal purposes. However, such attempts have generally not been successful, as the developers are not directly responsible for the actions of those who use their software.

In terms of personal safety, it is always important to consider the potential risks and take appropriate precautions, such as maintaining privacy and anonymity where possible. However, it is important to note that many developers and supporters of Bitcoin and other cryptocurrencies believe in the potential benefits of decentralized, peer-to-peer financial systems and are willing to take on some level of risk to advance this technology.

Ultimately, each individual must weigh the potential risks and benefits of their involvement in Bitcoin and make their own decisions about how to proceed. It is important to stay informed and be prepared for any potential legal or regulatory changes that may affect the cryptocurrency industry.