zlacker

>>mikeyo+(OP)
Shouldn't all true crypto believers hate this news?

It's the government trying to enforce their opinion of who should own those Bitcoins, thereby taking power away from the owner that the network has decided on, which would be "whoever has the cryptographic keys".

>>fxtent+35
Obvious no-true-scotsman. Believing that the goal of crypto is to circumvent laws regarding possession and theft is at most a fringe belief. The fact that this is at the top of HN demonstrates how devoid of merit crypto discussion here is.

>>TTProg+mo
Circumventing property law has absolutely been a selling point of crypto, front and center, since its inception. The real no-true-Scotsman is saying, "Those who want an extra-governmental system of property aren't the real crypto fans." Yes, they are.

In reality, crypto's true purpose is a moving target, so it can never be criticized because that's not what crypto is really about.

>>Santal+fE
Crypto is also a white supremacy tool: https://www.economist.com/united-states/2022/02/05/the-charm...

>>cft+NK
The flipside viewpoint is that cryptocurrency bypasses censorability by large corporates; cryptocurrency embodies the freedoms that appear to be espoused so loudly and delightedy by "the US"^.

Guns = good

Cryptocurrency = bad

Opinions I agree with = good

Opinions I disagree with = bad

Me getting mine = good

Someone else getting theirs = bad

Censorship is the battleground issue for the 2020's.

^Apologies for the lumping of 300 million people into a single sentence description, it's for the sake of trying to make a point of the entanglement of "the US" and "freedom" - which isn't a bad thing.