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Overly libertarian crypto-bro vs AML regulations: EU edition
(news.ycombinator.com)
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this post was submitted on 28 Dec 2023
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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So annoying. There are good conversations to have about overreach and surveillance but dude, organised crime is fucking terrifying and AML is good actually.
I like buying drugs, I think there are probably kinds of crimes that shouldn't be prosecutable by evidence discovered using methods intended to stop truly evil shit and we should probably talk about that. These people though, it's always something stupid they coyly hide while acting like it's some giant assault on their rights to be interviewed in order to establish they're not trafficking arms or something.
It doesn't make for a good case. I don't think trading in crypto is inherently less moral than like buying shares in shell and some of the freak outs about it are knee jerk moral panics (seriously though please stop speculating using my ketamine coins? I just want to treat my depression) but it's dumb to get so worked up about being asked a few questions when it looks absolutely sus as hell. If I walk down the street carrying a gun bag (full of flowers, the shape is convenient) in a balaclava (the wind dehydrates my skin) it's not a fucking assault on my rights if someone asks me to show them there isn't a rifle in my bag.
actively investing in shell and actively investing in crypto is unethical and it's not wrong to point it out, and neither is this moral panic; if you don't want to be subjected to ethical assessment, don't brag about potentially unethical behaviour.
@mawhrin @naevaTheRat
Investing in shell is arguably ethical if you're doing it to exert shareholder influence or just be a pain in their ass at annual meeting time.
no, it's not.
note, i'm talking cryptocurrencies, not cryptography.
me, too
ah. do make a case for ethical cryptocurreny investment then, would you kindly?
most actions are amoral. some are immoral, few are moral duties. i don't see any reason it shouldn't be amoral.
“make a case for ethical cryptocurrency investment then, would you kindly?”
the burden of proof is on you to make the case that it isn't, like almost all actions, amoral.
you seem to be mistaking this sub for a debate club; have a very adequate life.
@mawhrin @commie on a scale from 1 to This Guy, how over-leveraged are you in Worthless Crypto?
not at all. but then i'm aggressively middle-aged, and have a mortgage.
not at all. i'm up over 55,000%
wrong.
holy fuck all of your posts are like this? fuck off
@commie @mawhrin it unambiguously is
wrong
@commie your arguments are very compelling
thank you
sure but like everyone with any kind of retirement fund or whatever, or even government pension is complicit in unethical investment. Crypto is less than ideal for lots of reasons but imo the attention it gets (and weird criticism over stuff like water usage by people who drink softdrink and eat meat etc) is a symptom of it being new and primarily of interest to annoying dorks.
Capitalism makes bastards of us all, and you should defs try to do better, but people who like aren't even doing the bare minimum of plant based diets criticising crypto uniquely are just being inconsistent.
Your position is also inconsistent. For example, coyotes have meat-based diets and are not capitalist; I think that coyotes also don't use cryptocurrency, although I have no evidence either way. Naturalistic appeals are usually fallacies since they involve special pleading for humans in an otherwise-natural holistic existence.
That said, I upvoted you for approaching the concept of obligate capitalism, the idea that the only choices presented to humans within a capitalist society are to own capital, labor, or starve. We should be less keen to criticize each other merely for choosing to live.
Can't hear you over carnist seathing. Take your internet points back in a futile display of pique
so, you're a pale vegan doing crypto and investing in ai because other people eat meat?
lmao no I don't invest in crypto or shares. I'm broke as fuck. What part of bankrupt over treating depression is difficult to understand?
What part of both are awful but criticising one more than the other is stupid and lazy implies I'm doing either?
bringing one in context of another, when they're not related at all. also, i distrust pale vegans (who almost never realise the impact of pale veganism on other places).
Carnist seething lmao, you want to feel so good about yourself but you're just as happy as anyone else to make someone else die screaming if it brings you a moment of pleasure. But sure hey, at least you're not a tech bro. But then if you weren't incapable you probably would be, if you're unable to do something it's not virtuous not to.
@naevaTheRat @mawhrin have you bumped your head?
Carnists pretending they have any sense of right or wrong is hilarious
this isn't working out
shrug i'm not a karnista, i'm not even a lawyer.
Your dealer only takes the Ketamine coins because of the speculative value.
nooooooo complicity in the thing that I loathe! Truly there is no redemption in this world of sin.
Unfortunately my options are pay several thousand every month, break into veterinary clinics which might leave them short for emergency surgery and involves some (but probably less than you think, I've seen drug safes with wafer locks lmao) risk, or use the Cryptos and pay like 20 bucks a month.
I guess suicide is in there too but I'd like to see my nieces and nephews grow up so there's that.
I was merely replying to this part
Without the speculators you might as well try and buy your ketamine with Monopoly money.
No need to get defensive. If you gotta buy Monero to medicate yourself that's a failure of the system.
I'm not defensive I think it's all hilarious.
And not quite, I used it quite a lot in the early days when it cost a few hundred to do anything and we were giving them out for free. Speculators came in much later, they were still useful when a bitcoin was like 1 us cent.
Quite funny really.