“Can the state withstand a full-blown Bitcoin offensive?”

[Punk-BatSoup-Stasi 2.0]

On Mon, 25 Jan 2021 18:25:57 -0500
Karl <gmkarl at gmail.com> wrote:


> 
> you know what?  you're right.  bitcoin is waste of time and a
> dangerous secret weapon.  I wonder what people do to preserve exotic
> data without it.  i bet there are a lot of ways.

	bitcoin has at least one property that's unconditionally good : the supply is limited and the supply can't be manipulated. That's a fundamental requirement for any kind of 'money'.

	For the time being bitcoin is 'permisionless' and that's good as well. HOWEVER given the weak anonimity of bitcoin, the permisionless/censorship resistance aspect of it is kinda dubious in the long term. Also, ultimately, bitcoin can't work as money if it's not 'fungible' (and fungibility requires bitcoin to be untraceable/anonymous) 



> what people do to preserve exotic  data

	preserving 'exotic data' is not the purpose of bitcoin, sorry. Bitcoin is (supposed to be) a cryptocurrency, not a file system. 


> 
> but also you know what?  i really don't care about privacy.  

	well now you're talking =) If you don't care about privacy feel free to publish your private keys. 


> i need  cryptographic exchange to _reveal_ the _horrific_atrocities_ our
> leaders are stimulating.  

	that's pretty misguided. We need surveillance for govcorp criminals and privacy for common people. The opposite of what we have now. 


> we have cash for privacy.


	agreed. Physical cash is superior to anything computer based. But we don't actually have decent cash. We have pseudo money printed by govcorp (and it's being 'outlawed' as we speak)


> 
> but if you're not aware, the way to be private online is to not
> associate things with yourself.  jacob appelbaum talked about this a
> lot.
> 
> how are you doing punk


	the way to be private online is to not be online. 


> 
> >> Cryptocurrency could be a good lesson on the importance of taking
> >> things carefully and methodically, and working with your enemies,
> >> during emergencies.
> >
> > 	you should kill your enemies, not work with them.
> 
> funny whenever i do that i get more, notably among their immediate
> family.  i don't like having enemies, do you?

	
	some people deserve to be killed. 



> 
> >> This evidenced by the price rising more than wall
> >> street can believe exists, on a regular basis.
> >
> > 	....
> 
> sounds like you need a link here.

> Last year Bitcoin had over one  hundred times the return of a normal investment account.

	I'm familiar with the price of bitcoin since it was $0.10 or so. The question is, what do you think the current high price of bitcoin proves?



> 
> > 	I think you should stop with the completely baseless 'techn-optimism'
> > unless your aim is of course to spread misinformation.
> 
> I'm trying to stimulate an apocalypse where all the worst stuff happens ever =(
> 
> I need to talk with somebody who doesn't like technology _or_
> conflict, but I like you.


	I don't like conflict per se. It's just that I don't ignore all the conflict around me.