Comment by palmfacehn
19 hours ago
Political solutions are often messy and complex. Pragmatic fixes are rarely obvious and overreaches are common. Reforms are ongoing. Conversely, absolutists have no use for nuance.
The war on cash is a good example.
https://en.wikipedia.org/wiki/Civil_forfeiture_in_the_United...
https://ij.org/federal-court-rules-in-favor-of-convenience-s...
Something being imperfect doesn't mean that getting rid of it is an improvement.
Should civil forfeiture be heavily reformed, and is it being obviously abused? Yes. Is the ability to use cryptocurrency to bypass sanctions, fund oppressive regimes, drive criminal empires, and power a new generation of scams a much worse problem? Absolutely.
Proponents of a system explicitly designed to enable financial fraud shocked when governments apply fraud rules to them, news at 11.
The ability of money to deice criminal empires is a problem. Abolish money.