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Comment by digitailor

4 years ago

Help me understand. Are you saying that former LEO are well-served from a PR standpoint by attaching themselves to the "points" you're holding are clearly evidenced by the parent post?

The parent post argues that cryptocurrency is most useful, in practice, for illegal activities. It does not argue that this is how it's perceived by the general public, by the NYC municipal government, or by Eric Adams. The perception is that it's a sexy new technology of the future, whereas the reality is that it's mostly a playground for "investors", fraudsters, and criminals.

  • I understand your point of view, but you haven't even attempted to qualify it.

    I can tell you that I helped stop a predatory crime that was being committed using US dollars this year, partially by using digital assets defensively. Defamatory general statements about the target and digital assets had been made in the past in this case, and it backfired on the perpetrators- horribly, in the federal jurisdiction.

    Could you take a moment to consider why unqualified generalizations like yours could concern some? In the past, the perpetrators had attempted to capitalize on the perception you are asserting as reality. The possibility of resultant ankle bracelets or worse for them is high, due generally to record keeping and time stamps.

    The reality of this technology is that it solved the technical problems associated with Internet native asset classes. The rest is editorializing.

Yes, especially the ones that become politicians.

  • OK, I think I get it better. I'm not disagreeing and sincerely appreciate the cynicism, but you're saying the guy who ran on a relatively classic tough-on-crime platform is also appealing to some kind of criminal subclass of NYC voter who prefers bitcoin to cash for their locally committed crimes and also appreciates tough-on-crime platforms for everything else?

    Perhaps... or maybe the reputation for crime that some people are intent on projecting onto bitcoin is not particularly accurate to the realities of currencies used most frequently in the commission of criminal activity.