• Snot Flickerman
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    1251 month ago

    Oh everyone is fed up but we just elected a guy and government who is sure to make it all way way way worse.

    He just helped put the nail in the coffin of the lie that crypto is for anything but scams, don’t worry, it’s gonna get real bad before it gets any better.

    • @tourist
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      301 month ago

      In South Africa, where I live, everyone is assigned an ID Number at Birth. You need an ID number, thumbprint scan AND proof of address to get issued a SIM card number due to a law introduced called RICA. It was meant to help fight crime. Worried that the government could listen in to calls or read their SMSs, the criminals just switched to WhatsApp, which also happened to become cheaper than SMSs and gained popularity in this time.

      The cops never seemed to crack WhatsApp. The only drug busts that happen are when an open secret becomes laughably too open and when they harass every person arriving from South America at O.R. Tambo international airport just to catch the decoy mules carrying 12g of cocaine (total). Every dealer I ever organised with was over WhatsApp.

      So now, woopsi, RICA stopped nothing and just became a liability. That treasure trove of fragile data made its way to scammers and spammers. A total net negative.

      I’d encourage everyone else in other countries to apply major pushback to any government proposals in this direction.

      • sunzu2
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        121 month ago

        Do people still believe that drug trade is ran by criminals?

        I am pretty sure in every country, it is controlled either police or the spooks.

        I am done pretending otherwise. Criminals are just useful idiots, the real thugs are the police and security apparatus

      • @[email protected]
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        71 month ago

        There’s a subset of Americans who are rather like ostriches: heads so deeply buried in the sand that they forget anything exists outside their immediate surroundings. Reminding them that the rest of the world is out there rarely has any positive results, however.

        • @Szyler
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          21 month ago

          If they could read they would be upset by that.

    • @[email protected]
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      1 month ago

      “Bitcoin, it just seems like a scam,” Mr Trump said. “I don’t like it because it’s another currency competing against the dollar.”

      — Donald Trump

      Of course, Trump Coin made just for him is fine. And any security who bribes him. Oh wait now none of them are securities; Gary Gensler was our last line of defense.

      [Edit: got it backwards]