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RE: Gov't Regulations vs Crypto Freedom
Governments could easily kill Cryptocurrencies by regulating the internet and preventing the access to blockchain-nodes.
So we need to instead focus on causin a change in peoples minds that will prevent the government from doing so.
As governments can't shut down the entire internet forever, they can't shut down all the nodes either. Beside. Just imagen that governments decides to shut down the entire internet. LOL. If there is internet. Then there is somewhere a node runing. Governments should not fight this, they should accept and understand that their role in the society and the power of their citizens are going to change with this technology. I believe that the governments needs a change of mind, not the people. Just think. You work and earn your money. Right? Right. You pay taxes over your income already before you get it . Which is good, because we need good infrastructure, healthcare and help the government to help the people without a job. The government needs to get the money from us. No problems there. :) Then you decide to save some money. Which they will tax to. Then when you go to buy something in the store with your hard earned money, they tax you again. You buy a house, they tax you. From the first moment they start with taxing and they actually never stop taxing you. :) They tax the same money again and again. On the otherhand they give big componies a lot of tax advantages so they base there headquarters there. How is any of this fair??
So if a government decides to tax cryptocoins they should also accept that when people lose value on their crypto that they should be able to deduct it from their taxable income to. I am not aware of any government which is doing this. Are you?
Internet is super easy to kill, just shut down all the ISPs and there is no internet any more. The same goes with blockchain technology, they just need to block the access to those IPs running them. Of course they can´t shut all nodes but they don´t even need to.
Sadly internet is very complex and therefore centralized (in order to maintain it) while we could implement an internet that sort of works like the blockchain (p2p) not much effort or research went towards it so far (hope that will change).
Hi Johannes,
Thanks for the explanation. It's an eye opener. The thing is that I am not talking about the technical part. They can not shut down the internet because of the economic consequences. Just imagen your day at work or just in your freetime without internet. Everyone and every business uses internet and is dependend to some degree of the internet.
And shut down most of the modern economy in the process. Super Easy. /s
TOR+VPN?
Depends on how far they go with their regulations, if they would really want to kill it, even TOR or VPN wouldn´t get you anywhere
If they ban TOR, how will the secret agents and other similar assets large governments deploy in foreign countries communicate with headquarters?
Cryptocurrency nodes can be run on common ports such as 443, as well as over TOR/I2P. The addition of SSL support to mask node traffic would make them more expensive to detect (it would require DPI).
And I wouldn't worry too much about governments banning TOR. Freedom of speech and the enabling of citizens living under oppressive regimes to access information aside, if they banned it, how would the secret agents most governments have deployed in foreign countries, both allied and enemy, communicate with headquarters?
The only countries that can deploy somewhat effective "great firewalls" are the ones that have very large disparities between their population and the number of IPv4 addresses they have allocated, because such conditions force them to have large swaths of their internet using population operating behind a NAT.