Cryptocurrency itself was designed to enable crime. Why else would one want an end-run around governments and law-enforcement, unless one were a criminal wanting to prey on others risk-free?

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8-prime 4 hours ago | parent | next [-]

A statement made from either privilige, ignorance or both.

Just because you might agree with the actions and behaviour of your current government enough, that you don't mind them being able to have a hand in your currency, doesn't mean that can't change.

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PurpleRamen 4 hours ago | parent | prev | next [-]

Not all governments are good, trustworthy or even exist at all. For people in an oppressed or even full out broken society, being this level of criminal is acceptable.

But yes, something used to work around bad governments, will also be used against good governments. Every legit tool can be also abused.

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dalmo3 4 hours ago | parent | prev | next [-]

> a criminal wanting to prey on others risk-free

E.g. a Chancellor on brink of second bailout for banks?

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hollerith 4 hours ago | parent | prev [-]

So, in your mind, making a payment, recieving a payment and holding money in savings are always bad when it goes against any government's law or order?

	▲	lelanthran 4 hours ago \| parent [-]
		> So, in your mind, making a payment, recieving a payment and holding money in savings are always bad when it goes against any government's law or order? That's not how I read GP; "Why would you want to do an end-run around the government when using currency?" is different to, well, whatever it is you are saying (I'm not sure I can decipher it well enough - seems to be "using currency is bad when it goes against laws", but I think that's fine too, so not really sure what your message is - maybe you can clarify?) Using legal tender is not a problem. Using barter (which is what using crypocurrencies boils down to) is also not a problem. Lack of reporting your income to the tax authorities is a problem. Most bartering systems are too small to warrant the attention of tax authorities, but cryptocurrencies facilitate bartering at scale, which does warrant interest.