Another fallacy for progressives and Democratic politicians

“We must utilize KYC for safety and consumer protection”

“Oh, so you trust mega corporations with sensitive customer data that can be leaked, sold, or otherwise used against customers”

“Well, no, we must protect this data and corporations must be held accountable, they have too much power in this country!”

“So you advocate for people to utilize privacy and non-KYC tools to custody their Bitcoin and digital assets?”

“Well no that’s dangerous and is used by terrorists and criminals!”

“So we should trust corporations with this information and…”

“Thank you for your time, and remember to vote for me in the upcoming election!”

🙃

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Discussion

When your default is to support centralizing solutions to problems, every additional problem created by those "solutions" is yet another opportunity to propose yet another centralizing solution. A hamster wheel with no exit ramp.

Most democrats trust major corporations and big $. Why the fuck else would my state vote for newsom in an absolute landslide? Not sure I am catching your point at all…

they are a threat to human flourishing