alt Hacker NewsIf ensuring digital devices can be accessed by law enforcement (are not "beyond the law") is so important where are the task forces shutting down crypto and networks using unregulated and anonymous currency? Literally follow the money, as they say. The current admin has 'made' millions if not more off his own fraudulent coin. Take down crypto and you stop crime instead of destroying privacy.
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int32_64 • today at 5:03 PM
Did your bot malfunction and post in the wrong thread? "The current admin", this is a thread about the UK lmao.
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this.
crypto has a lot of theoretical value, but in practice people only really think of crypto when they want to tap into shadow economy.
I do not deny that this technology will be instrumental to network communities, provided we are ever allowed to form such. I do not deny that offline POSes and fully offline tap-to-pay may become a possibility if an existing fiat currency adopts crypto as one "interface" among traditional banking, Apple/Google Pay, and cash. (this, by the way, would be incredible in Ukraine - right now it's power off, and you can't use your bank for offline purchases.)
in practice it's only really shadow economy. at this point it's not even a speculative asset of some notable value