People really hate to hear it let alone say it but abuses like these are often the ones who bring down regulatory controls.
You know why? Because nonsense isn't something that people with sense tolerate, some might even be infuriated from their history. How is this nonsense? Because if you understood how blockchain functions and how steem is designed then you would realize that regulation on an "immutable-record" is redundant, and the very nature of the application of this immutable-record IS to thwart ANY and ALL kind of government regulation-it's premise is based entirely on supporting free speech as the fundamental ethos, dan is an anarchist that doesn't believe in Intelectual Property and has made that clear several times, the most recent one was right around the time he quit Steem when he clarified that steem is not Copyrighted.
It's all new and exploratory for now but somewhere down the line something that has the magnitude to leave a person destitute after making thousands leads to lawsuits and as those lawsuits continue to pile up in the judicial system is when regulators start taking a in depth look at what's going on and how is it that one person could wipe out the wealth of another one in such a ridiculous manner.
Unfortunately, you couldn't clarify what you wrote if you tried, so I am not going to ask you how, or why. I should tell you this about the "mafia" analogy: the mafia was legitimate at one time and then they were illegitimate?
You would seriously have to be a major fool to believe that any government and their corporate cronies are going to sit idle while this new world order blockchain is going to get built out and around them to bring them down. As I am typing this right now they are all looking into blockchain, once they have it down pat they are going to pass regulations to which will put the crypto's being build on ponzi style schemes out of business, force the rest to come into compliance or they will go to the headquarters of the privately held companies, to which steemit is privately held, and prosecute the owners. You are just to silly for yourself sometimes. There is no such thing as a untouchable. Dream on.
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Yeah, i have to be a fool to think that blockchain isn't a parallel of the internet. All those internet regulations. Carry on blabbering about what you clearly don't understand:
Tell me again your story about how the government regulated the internet and stopped it. Or the telephone, or the telegraph, or the printing press. Foolish me, hey I'm sure you understood everything I said in the above paragraph clearly before you answered and confirmed that you're an idiot that spreads nonsense.
Tell me again how the mafia is a good analogy for steemit? O yeah, much intelligent analogy that one.
Yeah, thank goodness you understand analogies or blockchain.
#abuseoflogic
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Tell me about all those government regulations that Open Source adheres to? O wait, there isn't such an idiocy. What about all those government regulations for the mafia, those mafias were almost untouchable with their blockchains, if it wasn't for Capone the mafia would still be in now.
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OMG don't tell me you could be that simple minded. The government(s) set the rules/laws. Law enforcement enforces them. There basically still is a mafia...it's just that now they know their limits, they got put in their place.....they don't get to make the rules, they don't get to rule. The powers that be do that and sometimes people just happen (not that I agreeing with it all) to have to be reminded of that. It's I say you do, not I do and f you...is that getting any clearer?
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I was making a joke at your piss poor analogy comparing a criminal syndicate to a legitimate endeavor and arguing that the legitimate endeavor isn't untouchable because of look at the mafia. That's why I asked you about all the regulations with open source because the punchline is what you think my simple-minded self-didn't "understand".
#themafiagotputintheirplace
You're the hilarious bro, calling me simple minded when you are vehemently arguing that blockchains will get regulated sooner or later because someone will get sued while you don't recognize that an immutable-record does not need to be regulated because it is TRUSTLESS by design, and a Platform built on that DIRECTLY to make regulations impossible (if you could understand that). It doesn't matter what LAWS they give out, people are still going to make Torrents and nobody can stop them because at the end of the day it matters not what laws you can make but what laws you can enforce, IF they could even make up a rule to govern blockchain, lmao.
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You are so dreaming, I guess the prisons will just fill up with those creating blockchains to manage their crypto's through. What you don't understand is that eventually that technology will be taken, the governments are not going to allow anyone but themselves to run the monetary system in the world, anyone moving forward to build opposing monetary blockchain systems will go to prison, one right after the other, they will find a way. The analogy about the mafia was that they decided to set up their own distribution and protection system which required others to pay into it from their profits. They tried to control the flow of goods and services. Yes it was not technology linked, of course, but it shows you what happens when other forces try to set up their own system over the governments.
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Yeah, I am sure that the courts will put everyone in jail for making evil blockchains lmao. The blockchain is evil, it robs people of their money, blockchain must be put to the death, while we built our better blockchain. Lmao, they will win over all the loser like you who think that the mafia is a correct analogy for a social media platform being regulated.
Except the only way is to break the cryptographic secret key which would take hundreds of years on the most advanced computers WITH an exploit and otherwise would take millions of years on the most advanced computers. Except that you would need to understand that to regulate something that has a verified and correct record for all to inspect is redundant, the system is built in already. And even when you regulate one, 3 more will spring up: OPEN SOURCE can be forked as many times as people wish, AKA google Torrents.
Except that one was Illegitimate and Illegal and the other is Beneficial and Utilitarian. You see the problem of trying to say that nothing is untouchable because the mafia got touched. Because the mafia was doing something against the law: EXTORTING PEOPLE, not paying their dues to Cesar, and murdering on whatever day they felt like. It had nothing to do with it being "not technology" linked because it was about the fact that you are saying "beware the mafia got regulated" when you tried to cast shade on steem and the technology behind it.
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You sir can sometimes be a ordinary foolish one, yes you will not stop everyone but you will stop the vast majority and that's what will limit the power behind unregulated blockchains/crytos. What happened when people started pirating music?...did the music industry sit there and say it's such a huge and uncontrollable situation that we can't handle? No it did not. It started arresting the little johnies stealing their music and prosecuting them. What happened in our state after our governor upped taxes on cigarettes and people started ordering them from out of state on their computers? Did she just say well it's just so vast and wide a problem we can't get a grip on it...no she didn't, she went after them and filed charges against them. You see your problem is, and from being on here I can see why because there is no lack of people like you, that there may be people who want to rebel and will give up life and liberty for their cause but the very vast majority of people won't and they will just go with the flow, because they are content with what they got not what they won't have when the government gets done with them.
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You won't stop anyone. Saying that you will doesn't make it true, any more than saying that it's logical to argue about the actions of one actor in a system that completely allows and accepts those actions as true, valid, and sometimes even acceptable (freedom of expression), as the slipery slope downfall of a technology that makes REGULATIONS THEMSLEVES redundnat by design, while the platform that is built on that technology takes it upon itself to make sure through numerous means that government censorship canot happen (and believe when I say that regulations of any kind are governament censorship prima facie evidence.) In other words idiot are going to idiot.
You are comparing something that has a long precedence of legality with something that makes regulations themselves redundant, do you realize that? You're comparing the mafia to a legitimate, beneficial and COMPLETELY LEGAL standpoint and cautioning about being untouchable because look at the mafia. And do you know what happened with pirated music? It's still being pirated, did government regulations stop it at all? NOPE. Dream On.
And I bet that people stopped buying cigarettes online then LMAO. Either way you'd think that you'd realize that Being Flagged is never ever in any kind of scenario ever going to be a reason to regulate steem(not the front end, steemit), let alone blockchain.
Idiots going to idiot. People want to rebel but they don't, even though there's no lack of people that want to rebel, because most won't, because they don't want to rebel, because they are scared of the government being done with them.
I say Expatriate now you spineless idiot that hardly uses any sense when rubbing his nogging for some intelligence juice. Declare your Political Status as something OTHER than a SLAVE, aka Citizen, look up the term in a legal dictionary and an actual one and then read the Declaration of Independence and declare your own independence as a Free, SOVEREIGN, and Independent people (NOT A CITIZEN!) and start your education because you've abused logic the whole conversation, and you've abused sense by spreading FUD, FEAR, UNCERTAINTY, and DEATH.
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#trustless = untouchable
#immutabler-record = regulation is redundnat (10 years of blockchain and still waiting on regulations.. lmfao, you know how long torrents have been unregulated?what about proxies? anonymity software? why don't they ever regulate something that actually fills up the dockets at the courthouse? O yeah, because those things are UNTOUCHABLE, LMAO!
AHAHAHAHAHAHAHAHAHAH
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Why don't they ever regulate something that actually fills up the dockets at the courthouse?.....because it's not a threat to the powers that be yet. Duh. The bigger question answered is see those things do end up in a court of law, you must have missed the article the other day concerning some cypto being recognized because basically the lawsuits being brought forth can't proceed if what was claimed to be lost couldn't be traded or have value to justify the losses being sued for. (It was complicated) But now the lawsuits can move forward. It's easy for you to sit here and blabber on and on because you aren't the one who would eventually be left to face the music as they say.
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And what point does that have to do with ACTUALLY regulating crypto, you confuse the issue we are discussing with one that vaguely seems to support your position, as if a court recognizing the value of a crypto could be comparable or follow with the line of thinking (there isn't one) that they CAN regulate it.
You are an example of blabering. Tell me again how the mafia was untouchable before they were regulated. Or whatever you wanted to say with your analogy that falls flat on its face the moment someone actually considers what they had read.
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You did miss the article. Okay, that crypto can now be traded on the open market, as in stock exchanges, meaning now they DO have to follow REGULATORY guidelines, (I'll give you a minute to say ouch and recover)....the reasoning being is that these losses/claims being filed in courts couldn't move forward because without there being a recognized value attached there couldn't be any claims of damages brought forth. So yes this has become a significant issue, so yes this is a small step forward, so yes people running crypto currencies will slowly face the possibilities of being regulated and sued, so they had better get their ducks in a row.
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I don't have to say Ouch because it clearly has nothing to do with the TECHNOLOGY behind the assets but with the assets themselves. Do you understand that difference? The assets might be "regulated" on the exchange, but there is no blockchain regulations or Crypto Regulations, people can and will be able to send their crypto to different decentralized exchanges that cannot be regulated by design. In the end, you don't undestand basic Logic: if a is b and b is c then c is a.
Except the significant "issue" isn't specified by you, I am led to believe by the context that you think the issue of the court recognizing the value of an asset is the same as the court recognizing a legitimate reason to regulate the asset or even more infuriating that they court could ever tell people how they can and can't create the technology behind the assets. So again, can you logically, explaining without uncertainty and without vagueness, exactly why and how a court recognizing the value of an asset means that we should worry about the court regulating blockchain?
You cannot sue a cryptocurrency because it's trustless, decentralized, there isn't anyone behind it that can be sued, that's why you cannot sue BITCOIN, you genius.
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OMG, Steemit is a PRIVATELY HELD COMPANY, those running the company are directly responsible for following regulations. It wasn't a judge but someone on a regulatory committee who approved a crypto currency to trade on the open market, to bring it under regulatory controls, because so many claims for losses were being filed, in order to address those losses there had to be recognition of it to have value, once value is confirmed people can file against people who start their own crypto currencies founded companies. So, and just for example, say someone sues Steemit because they lost thousands of dollars for being flagged like this guy claimed for no real good reason, and because Steemit owners allow this to happen that person can directly file suit against the owners of Steemit because they are the one's in control of how it is structured, the way they structured the program led to the losses. Flagging is meant for a purpose not for a revenge tool, if Steemit continues to let it be abused for ways other then it was intended they could potentially be held liable if Steem were also added to the open market.
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And what regulations are those and how are they affecting the blockchain which is an Open Source, FREE TO FORK and FREE TO COPY.
And if you understood that none of that means that they can regulate the blockchain but the trading and selling of assets on an exchange you would realize that it doesn't mean anything in the context of what we are discussing. But you would have to realize that you don't even know what blockchain is or how it functions.
Actually that makes no senese, because Steemit is not the ones in charge of how it's structured at all, the witnesses are. So the judge will laugh at you when that little detail gets brought up, a detail you'd be privy to had you actually understood what you were talking about.
Yeah in your dream land where people are held liable for things that they never guaranteed you dumbass. "But they promised me that I wouldn't lose my money", for example, or the fantasy of holding people like Steemit, which is only a front end of the blockchain, as responsible FOR the blockchain, which is done by the community and witnesses.
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Do you understand that if the court wants to regulate Steem for example it would have to FORCE 19 witnesses that run the network to act in a certain way? Do you realize that those people would only be replaced the moment they act against the community by the first 19 most popular ones that the court hasn't ordered yet to do that, and if they order those other 19, another will step up, and ultimately they cannot force people who are anonymous and don't know where they are, and it takes only one to stop them from doing whatever they order. In other words, do you understand that when you said that "there's nobody untouchable" you painted yourself into a corner and made yourself look like an idiot, as clearly anonymity itself has made satoshi untouchable and there are plenty of instances where like a decentralized exchange, no regulations could happen, regardless of what the court orders, exactly like torrents.
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Do you also understand that 19 witnesses get together with those who structure the programs to find ways to come into compliance so they don't have to go to jail, spend all their money defending themselves...and that would only be if the feds didn't freeze their assets. I mean really man makes some sense, do you think that dozens upon dozens of people want to disrupt their lives, lose their fortunes, just so some guy can abuse a flagging system in a way that was not intended? Really? Honestly? I know 19 witnesses who'd rather give up being a witness and call it good.
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Do you honestly believe that you can blame the witnesses for the flagging of one account on the basis that they are responsible for providing only fair use of flagging when in the WHITE PAPER its clearly stated that the point of Steem is NOT to prevent abuse. You idiot. Keep blabbering on explaining to me how this place functions as I have been debating those functions with the people that use it and code it for a year and some months now.
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Either way you evade the numerous points I made and try to tweeze one hypothetical that still doesn't give the courts or authority any upper hand over the system that IS and WAS designed specifically to thwart GOVERNMENT CENSORSHIP, and that includes stopping people from expressing their opinion of content as they see fit, regardless of how "Abusive" it gets interpreted, flagging is freedom of expression, and if you would have taken the numerous pointers to examine and research what blockchain actually is, you might have read in the whitepaper that preventing abuse is not the goal.
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