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Wondering where all this "Oh noes the poors will be confused if we let them have access to cryptocurrency, we have decide what they should have access to" energy was when I lost almost all my income for years due to

@Patreon

demanding I get Outed quietly.

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I think a lot of the stated goals of crypto are good actually. That includes finances for everyone etc. The issue is crypto brings no actual, practical, long term solutions to those problems. Things only worked for a little while until the government decided to do something.

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Bitcoin and Monero have worked reliably for us. Traditional banking and tech companies like Stripe, PayPal, TransferWise, etc. definitely have not. You don't have to be a sex worker to run into their authoritarian rules. You can't even sell a cell phone.

stripe.com

Prohibited and Restricted Businesses

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Most of the rules are unstated and people aren't given any recourse. Their accounts / funds are locked and they no longer have the income they need to survive. Easy for people unlikely to ever experience that to say that people should just use these broken, biased services.

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Most the things they ban and the transactions/accounts they freeze are not even illegal. It's their own moralizing. They go far beyond what they're legally required to enforce. It would be a huge problem even if they stuck to what they're required to do but they go far beyond it.

8:41 AM · Dec 30, 2021Twitter Web App

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It's unfortunate that so many people are happy to embrace the authoritarian present/future of finance. Present/future is all your transactions/purchases being tracked by corporations/governments and them having veto power over your transactions and who can even use money at all.