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RE: Agent provacateurs may be used to provoke a tax crackdown

in #politics7 years ago (edited)

The authorities are trying their very hardest to wrestle control of technologies right now with heavily encrypted communication apps or social media sites who are deemed to not be doing enough to take off incendiary posts down in time.
Cryptos are also beginning to attract their attention, it's inevitable.
The bad guys will leverage EVERY and ANY technology to their advantage. It's not the technology at fault here but we have to accept some element of regulatory control even if it's light touch self regulation at the end of the day.

It won't make the technology and its advantages go away for the majority of people.
Crypto is too good to be swept under the carpet.
It's too decentralised and too empowering to be 'scared into submission'.
The authorities will be playing a losing game of whack-a-mole.

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I agree with everything you had to say but do the authorities care if their policies are effective? Some are trying to ban encryption and no one who knows anything about information security thinks this is even possible to do.

It's way to too late to ban anything.
You forget that tied up with these technologies is lots of tax revenues and international prestige.
If they decide to ban it all...other countries will simply carry on and surpass the relics and gain prosperity and economic leverage.
The most they can do is try and control it and fail.
As powerful as these authoritarian countries are ...they're not the world.

That is right.
Haha the last line. Do yourself a favor and give up.

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