Monteluna
@monteluna
As a cypherpunk aligned (even though I don't directly agree with them) person: If you line up to reveal your addresses and holdings to government agencies for the "candy" of subsidized interest rates, I will not sympathize on what possible futures await you. I find it insane that corporate lobbying has normalized making people choose privacy over convenience, sometimes even paying for it (Clear and TSA Pre-Check come to mind). The government is effectively making people who are private second class citizens, at *your* expense, and I'm shocked our society normalizes this.
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Monteluna
@monteluna
In general by the way, this is not only a cypherpunk thing, but a libertarian economics thing. The theme is instead of transactions costs being evenly spread between everyone and government generating policies to reduce those costs, there is an increasing theme where bureaucracies will give a Faustian bargain to make you "pay" to receive less cost rather than explicitly solve the problem of reducing the cost overall. On the crypto side, you're explicitly paying for reduced interest rates by giving up your privacy, rather than government policy being used to reduce housing costs. This should actually piss off citizens and shouldn't be seen as a win. Munger did a recent podcast on this. https://open.spotify.com/episode/47nAeJTRfmlQvuV8LtlQ4l
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