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Comment Re:did he use an auto pen on this? (Score 1) 126

Let's wait for some precedent or at least a strong hint of inclination before we assume that future Dem presidents will also take the wannabe-dictator path from now on. While all future US presidents will have the opportunity to be mini-dictators until some much-needed guardrails are added, so far only one party (and in fact only one man) has taken it.

Comment Re:Two Bits Of Bad News... (Score 1) 95

I guess you missed this part:

The firm’s findings still contrast strongly with those put forward by three Australia-based academics, who estimated in 2019 that based on transactional data from 2009 to 2017, one-quarter of all 106 million Bitcoin users engaged in crime, and that by 2018, illicit finance accounted for around $76 billion a year, or roughly half, of all transactions in bitcoins.

Cryptocurrencies have transformed drug trafficking by enabling crime syndicates to cut out street dealers and sell directly to customers around the world through darknet markets, as well as peddle higher-quality narcotics, said Sean Foley, a finance professor at Macquarie University in Sydney and one of the report’s authors.

“Chainalysis is trying to tell us about the total consumption of cocaine in Australia by telling us about how much cocaine has been seized,” Foley said. “It’s very difficult for me to meaningfully comment on the methodology because they don’t really tell you what they do.”

Comment Re:Two Bits Of Bad News... (Score 2) 95

The difference is that Visa transactions are overwhelmingly for non-criminal purposes, while cryptocurrency transaction are (excluding wash trades) overwhelmingly for criminal purposes.

I'll just leave these here:

https://www.nytimes.com/2025/1...

https://www.rand.org/pubs/comm...

https://www.dw.com/en/north-ko...

https://www.queensu.ca/iigr/re...

https://www.moneylaundering.co...

Comment Re:"A" cryptocurrency? (Score 2) 95

There are two cryptocurrencies that functionally specialize in helping criminals launder money and evade sanctions, Monero and zcash. They are inherently untraceable and can work as a one-stop money laundromat once you can get currency in and out of them, and the subset of cryptobros who are trying to take cryptocurrency mainstream don't want you to know this. A little money laundering flaring up with some random stablecoin is background noise in the criminal finance world of cryptocurrency.

Comment Re:Renewable fuels? (Score 4, Interesting) 109

Biofuels aren't worse than fossil fuels but they surprisingly aren't much better. You can make renewable e-fuels with just renewable power and recaptured CO2, but they take an obscene amount of energy and then the ICE turns most of what all that energy produced into waste heat.

Hydrogen is a fossil fuel industry distraction, it offers the best selection of the worst downsides: An expensive and currently mostly fossil-sourced fuel you need to get at a station like gas/diesel, relatively long refuel times and short range in a vehicle with a higher up-front cost and weight like an EV, and a fuel that is only available at a small handful of stations, needs to be stored at immense pressures, escapes through solids and embrittles steel on the way out, and burns with an invisible flame like only hydrogen can offer.

We won't be able to get rid of liquid hydrocarbon fuels completely any time soon but we can make their uses a small enough fraction of what they are today that they're no longer a major source of fossil CO2 emissions and these oddball "fucking around in the margins" solutions can fulfill a decent fraction of the demand.

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