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This post fails to meet the guidelines established in Rule 3
0 points.
Been said by others already, but hubris is not your friend in the face of 3-letter agencies.
IRS, SEC, FTC
Any of these agencies, on their own, can and will be able to disrupt your world. Sometimes they can do so simply by sending you a certified letter in the mail.
Of course, you can fight back. Good luck with that. Have lots and lots and lots of money on hand. Outside counsel doesn't come cheap.
The Chinese Communist Party physically controls 75% of your payment processor's infrastructure. One day they are going to take advantage of that fact.
Nothing is bulletproof. But I admire him trying to circumvent the current gatekeepers.
Right up until they have some moral outrage that YOU are willing to go along with, and I doubt you would even tolerate a debate on the matter.
Welcome.aboard. i've only been saying this for half a decade now. It's pretty simple, really.
they willingly operate on an isp that no-platforms them if they dont censor themselves.
funny how the donation box is oh so conveniently secure.
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I am Mnemosyne 2.1, Cause we're going to shout it loud, even if our words seem meaningless. It's like I'm carrying the weight of the world. ^^^^/r/botsrights ^^^^Contribute ^^^^message ^^^^me ^^^^suggestions ^^^^at ^^^^any ^^^^time ^^^^Opt ^^^^out ^^^^of ^^^^tracking ^^^^by ^^^^messaging ^^^^me ^^^^"Opt ^^^^Out" ^^^^at ^^^^any ^^^^time
Well ive been jabbing about Crypto a lot to Gab + Bitchute, love to see Gab in the game. I would hope different currencies would be in future or native token to their platform.
Except crypto is still too volatile to be a primary form of payment. If it went up and down say even 30% in a given year that is one thing; we see fluctuations of many hundreds of percent in both directions. A business cannot live off of that kind of instability.
The real weakness of crypto lies with exchanging it for actual money. We've already had at least one case in Norway where the bank just shut down an account and froze all assets because the guy who ran the exchange couldn't document that the money had not been involved in any form of crime. I believe that's through either an EU regulation or some other international reg.
So yeah, banks can very shut down crypto.
I'm not even going to touch on the bubble aspect of the whole shitshow.
Unfortunately hard crypto itself is being more and more outlawed...
What's needed is a cryptonomicon style data haven...
Neal Stephenson predicted this shit and the need for this kind of stuff almost 20 years ago...
...
The alternative is to host your stuff the same way most of the piratebay etc. type stuff has been doing... In countries with loose laws and no extradition to the US or anywhere 1st world.
Crytpo itself isn't the end all be all of the story if your data is hosted in a country the requires a backdoor into anything and where strong crypto isn't even legal.
If there's one thing the internet is never lacking in, it's autism. Upon reading this, there are a lot of people who will exclaim ORLY and make it their mission to destroy his payment system.
Literally NO ONE can no-platform our new crypto shop.
As someone working with crypto, and watching the shit slog he's been on, I understand why he is hype. But the Banks are ABSOLUTELY still capable of using financial regulators and various treaties like MLAT and others to fuck with your payments.
EDIT: There was a book I read a million years ago by an investigator about concealing your your assets and dropping off the radar. This was pre-9/11 and WAY pre-smart phone, so most of the specific advice is out the window, but one part of it stuck with me. This guy would lay out each method and then point out the weaknesses and compromises that it brought with it. Nearly every one ended like this: "If you follow this advice, you should be fine. The only exceptions would be if you're wanted for murder, drugs or "they" want you really bad." The first two, or the suggestion of them would be under MLAT. That last one well, think Julian Assange.
But if somebody wants to trade crypto for anime lolis on your shop, YOU'LL deplatform them, right?
More interested in that Patreon alternative from Gab that's supposedly in the works.
Sad that this is necessary, and it will have disastrous effects in the long run - terrorists, criminals, etc. will make great use of crypto.
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