how can people trust banks?? itâs so obvious and in the open how badly they exercise their powerâŠ
DAO especially can bypass this as it is owned by hundreds or thousands of people of different jurisdiction. So who is the owner? Which country is to be judging that?
Really interesting. Will look into it
Investigative video by Defiant mentioned in the article ( The War On Code: Investigating the Tornado Cash Sanctions and the Arrest of Alexey Pertsev - YouTube )
âIn the Netherlands, there is an ongoing âwar on money launderingâ and Alexey Pertsevâs arrest is now a part of that.â
âAt the end of the day, one thing that has been laid clear is the need for an alternative, secured, private, truly decentralized repository for hosting open source software.â
Cryptocurrency as a Tool for Liberation - A recent study by Chainalysis shows that âgrassroots crypto adoptionâ is high in emerging markets and countries with unstable financial conditions and relatively high levels of monetary repression such as Vietnam, Nigeria and Ukraine. Crypto also allows people to bypass foreign sanctions. For example, in Afghanistan an NGO used BUSD, a dollar stablecoin, to sidestep US sanctions, the Taliban and failing banks, which were cut off from systems like SWIFT, to provide emergency funds for food in the unstable period following the American withdrawal.
Cryptocurrency in an Anarchist Context - Cryptocurrency provides an alternative to trust itself, which was the sole basis for reciprocal social relationships prior to the invention of blockchain.
It would be good if we publish more of such content. Itâs important part of crypto.
From Agorism Blog (Anarkio) -
Why the states monopoly on identity is more dangerous than Google and Facebook
âThe state has a monopoly on identity and an obsession with tracking people from birth certificate to death certificate. It creates disproportionate and harmful KYC regulations which actively exclude people without government-issued ID from necessary services, including work, finances, housing and healthcare and even small things like online shopping, receiving mail, buying a sim card or visiting the gym or library.â
This article puts the light on something thatâs perceived as totally normal from when weâre born, the idea that it needs to know every single piece of information about us. If you think about this itâs really no surprise that until we realize how wrong this is weâre willing to give information about ourselves away like itâs no big deal. Like for example for signing up for sites/newsletters/journalsâŠ