Shitcoins are evolving in a bad way. Dark web on chain \ stacker news ~Politics_And

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Shitcoins are evolving in a bad way. Dark web on chain

352 sats \ 19 comments \ @HardMoney 25 Nov Politics_And_Law

Anyone heard of pump(dot)fun? For those unaware it’s a Solana application that makes it incredibly easy for anyone to launch a memecoin. Recently the ability to launch a coin that is a live stream was added. At first there were a few “funny” ones like a person living in an inflatable boat until $X market cap.

Of course there were also a lot of webcammy porn streams added too.

Recently however there has been many streams going on where these videos would have been dark web content before however now with token monetization. Pretty disgusting incentives going on where the most extreme gets the most attention. I’m sure you can imagine some of the shit but it includes things like threatening self harm / suicide / school shooting / general crimes etc.

Sometimes these things remind you why a libertarian utopia won’t be possible and some rule of law around content is beneficial for society.

Almost guarantee this thing gets banned shortly. Guess that will prove out the centralization of web 3

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210 sats \ 0 replies \ @kepford 25 Nov

a libertarian utopia won’t be possible and some rule of law around content is beneficial for society.

There is no utopia. Only fools (including communists, socialists, and capitalists) believe in utopias
The absence of rule of law is not a libertarian idea. Quite the contrary. Law predates the state
I think you are confusing libertarianism with anarchism. But even with anarchism, most anarchists don't actually suggest no rules(laws). Just no rulers.
You are saying the current state of society is a reason why something that doesn't exist would not work. Some logical issues with this statement. What you describe exists now in the current society with very oppressive governments. What kind of totalitarianism would be needed to prevent this use of technology?

My point in posting this is for others. I suspect you probably know all the things I listed. This is just a common straw man against freedom and you are misstating the ideas of libertarianism.

40 sats \ 5 replies \ @Rsync25 25 Nov

Sometimes these things remind you why a libertarian utopia won’t be possible and some rule of law around content is beneficial for society.

So you're saying that people need a "protector" and to delegate responsibility to him/her?

Really? Oh yes, of course, people don't like to have self-responsibility and always need a "protector" for help. People don't have enough cognitive and mental capacity to know the difference between black and white. LMAO.

I'm not here to defend shitcoin or what happened to the project.

But when a certain society demands more regulation and law, this can come back as a way of MORE CONTROL instead of actually fighting crime, unfortunately. Trends like this are more real than fantasy tales.

21 sats \ 1 reply \ @CruncherDefi 25 Nov

So you're saying that people need a "protector" and to delegate responsibility to him/her?

He never said that.

Having rules does not imply you have a 'protector'. You might be protector yourself. Or your community might enforce rules collectively. Or code/machines might enforce rules.

Communities were figuring out rules since all of humanity and it is okay.

1 sat \ 0 replies \ @Rsync25 25 Nov

Communities >> Governments/Laws

0 sats \ 2 replies \ @HardMoney OP 25 Nov

I generally align with libertarian concepts of you should have the right to do anything as long as you don’t harm / damage / infringe on another person’s property

Unfortunately the reality is there’s a lot of sick fucks out there who will do crazy stuff at scale when incentives line up.

Never going to be able to stop it from happening completely and law enforcement should focus on actual crimes vs censorship but there should be at least some friction that prevents heinous stuff from going viral on the clear web. Not censorship of dissenting ideas but more so how about a person can’t live stream stuff like to pump a token:

school shootings
murder
child porn
torture Etc

Agreed control hungry people in the state like to use this excuse to capture everything but there appears to be a need to have some line and likely having it be at not showing murder is probably a good starting point.

81 sats \ 0 replies \ @Rsync25 25 Nov

Never going to be able to stop it from happening completely and law enforcement should focus on actual crimes vs censorship but there should be at least some friction that prevents heinous stuff from going viral on the clear web. Not censorship of dissenting ideas

That's a beautiful excuse for censorship.

0 sats \ 0 replies \ @kepford 25 Nov

The state is not the law. The law predates the state.
The state is a monopoly on violence.
Due to the monopoly on violence many capable parties are prevented from intervening in stopping things like this. Not to mention that the state can't seem to stop it or doesn't want to.

You point on libertarianism is a straw man argument. You are describing a very hard problem to solve that hasn't been solved even with a "strong man" in place.

0 sats \ 0 replies \ @nkmg1c_ventures 25 Nov

Also staying out of prison by encrypting your crimes and skirting government / societal control is pretty libertarian

0 sats \ 0 replies \ @nkmg1c_ventures 25 Nov

The worst of what you fear is already going on and the people who do it are a bit more careful / better with cryptography than your average crypto degen.

0 sats \ 8 replies \ @DesertDave 25 Nov

We have to experience the depths of our darkness before we can see the light.

0 sats \ 7 replies \ @anon 25 Nov

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0 sats \ 6 replies \ @DesertDave 25 Nov

We are experiencing our collective, dark night of the soul. I am part of the collective. The only way out is through as far as I can tell. But I don't know anything. That's just how it feels to me.

0 sats \ 5 replies \ @anon 25 Nov

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0 sats \ 4 replies \ @DesertDave 25 Nov

We are all one. It's just the way it is. Separation is an illusion, so I have heard. Coming from a guy who lives in the middle of the desert and connects to nearly no one. 🤷‍♂️

0 sats \ 3 replies \ @anon 25 Nov

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7 sats \ 2 replies \ @DesertDave 25 Nov

💚

11 sats \ 1 reply \ @anon 25 Nov

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0 sats \ 0 replies \ @Imyourfed 25 Nov

Sometimes these things remind you why a libertarian utopia won’t be possible and some rule of law around content is beneficial for society.

💯