Post
Topic
Board Bitcoin Discussion
Re: Decentrally mined currency has failed and can't possibly be rescued
by
UnunoctiumTesticles
on 01/12/2014, 10:06:12 UTC
And again there is this big assumption, that nobody can anonymize their IP.

It is not an assumption. It is a well researched fact that there is no adequate IP anonymization available to your average person that will reasonable to use. Of course you can sometimes be anonymous by finding a Wifi that doesn't know you identity (and hope there is not a hidden cam around catching your face or license plate and hope your car or cell phone isn't tracking you), but this is certainly not a reasonable option for running a mining rig (and certainly not an ASIC farm!), and not even reasonable for sending txs, because I've tried that. It is so fucking inconvenient that you end up making mistakes or saying "fuck it".

I warned for a long time that Tor is subject to Sybil attack and also timing analysis. Now this is being confirmed.

And if you have a large ASIC farm, you are not going to risk your investment on stupid hair brained, half-ass anonymity experiments. If the government has shown it is serious, you are going to comply. The few rogue cowboys will be hunted down to show everyone they better not dare risk it.

Kim Dotcom didn't really break any laws, so he can't be extradited. Try breaking some AML and KYC laws and see how fast New Zealand will jail your ass.  Because if government gives up its power over money any where, they lose their authority to tax and govern and exist.

There is also that big assumption, that "they" can confiscate equipment everywhere.

They got AML and KYC laws (and underwear patdown, shoes off through the Xray searches) implemented every where. I lived in the Philippines since the 1990s, and they never asked for an ID for sending cash money remittances, now I need 3 fucking ids just turn on internet connection or cable TV.

What the hell is wrong with being paranoid and safe now rather than "too late and screwed" later?

There is the assumption that "they" can forbid mining outside of regulated pools everywhere on this planet.
Is there even any evidence, that "they" are trying that?

You'd have to be fucking blind to not see it.

But frogs boil in the pot if the heat is turned up slowly enough. So don't feel bad, you won't even realize what happened to you.

And how is it not ignorant to take examples from the USA and just assume they will happen everywhere else.
Show me the examples of "crazy Civil Forfeiture seizures" in the EU.

How ignorant is it to be ignorant of repeating history and how this shit goes down every damn time?

Have you Europeans forgotten what a hell in an authoritarian megadeath handbasket your place was the last time your socialism peaked and collapsed into hell?

P.S. Hollande didn't call for the nationalization of the internet and taxing bandwidth. His party wasn't recently elected with 75% of the vote. Obama didn't follow with hiding behind net neutrality bullshit so he can tax the internet and control the ISPs as a public utilities under the FCC. Obama hasn't received a lot of support on this forum for that. Nevermind the delusional rants, just carry on on your lilypad on the other side of the pond.