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Joined 3 years ago
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Cake day: July 9th, 2023

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  • The main point cryptobros are missing is that the economy is controlled by force, something you can experiece if you are sailing in the persian gulf these days.

    Even at the scale of a family, my taxes are collected once a year and if I don’t pay the nation comes collecting their due by force, via the law enforcement.

    All these cryptomoneys have the notable bug of not being controllable by the nations controllong their economy, so come a sufficient magnitude of value transfer they will be rendered illegal very fast. You ain’t getting paid with it, you ain’t buying food or or mortgages with it.

    You can buy drugs and killers with it though, which is nice if you are into that kind of thing.




  • International law is a concept used by democracies to try to have their electorate agree with their leadership.

    When this is less likely due to hypocrisy, information control is used to mitigate the disagreement.

    ICC, UN etc are all feelgood theaters that are used when convenient to impose the only law that matters: the law of the strongest. When these organisms are not aligned with that, they usually are useless.

    We had a time period where this was a bit less apparent, but with the latest US government change the layers of deception have been partly removed.