fiatmoney

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Comment · 9 years ago
"But if the government can essentially revoke a private individual or company's copyright merely by incorporating otherwise protected text into legislation, that can have adverse effects on copyright holders."

This is a settled area of law; revoking the copyright would be a "taking", inarguably for the public good, and the copyright holder would be entitled to just compensation.

IMO that is the appropriate way to handle this issue; effectively the government uses eminent domain to seize the copyright.

Comment · 9 years ago
Who's "that dude on reddit"?
Comment · 10 years ago
Financial networks interpret regulation as damage and route around it.
Comment · 10 years ago
That part of the opinion is nonbinding dicta - basically the judge freestyling, without setting precedent.
Comment · 10 years ago
He was charged with "criminal possession of a controlled substance". Your point?
Comment · 10 years ago
That is a recipe for centralized power unaccountable to the population they are theoretically protecting.
Comment · 10 years ago
Comment · 10 years ago
Comment · 10 years ago
Docking fees & maintenance are what get you.
Comment · 10 years ago
Simplifications. "Arrest" has specific meaning in most jurisdictions. "Seizing" would be more appropriate; one can seize property as well as persons, and in the case of persons there can be a seizure without an arrest.

The point is what a designation is for; in the case of an arrest vs detention or seizure for natural persons, it's usually an elaborate shell game around when various search doctrines or other restraints on police behavior kick in. In the case of property, the only point is to grab your stuff; the circumstances surrounding it don't particularly matter because they can always decide later under one doctrine or another that they're entitled to keep it.

Comment · 10 years ago
Cannot "arrest" something that's not a natural person, but yes, they could absolutely seize a bot under a number of civil forfeiture laws, or likely as evidence. The burden would be on the owner to sue to get it back.
Comment · 10 years ago
There is zero incentive to recognize money laundering "too well", particularly because it means essentially whatever FinCEN wants it to mean. It's an issue for lawyers to hash out exactly what patterns must be recognized.
Comment · 10 years ago
Well, in one sense it has notches.

In another, the legs are crooked.

Comment · 10 years ago
It's almost like a government-encouraged oligopoly is maximizing the amount of value they can seize from people regulatorily encouraged / forced to buy their product.
Comment · 10 years ago
Just wait until enough democratic voters are imported to overturn Proposition 13 (caps property taxes at roughly what they were when you bought the house, and requires 2/3 vote in the legislature for tax increases).

California is trying so hard to go full Venezuela, and the only buffer they have are the three or so major industries that are doing well (agriculture, entertainment, and tech). If there's a contraction in those sectors, expect a death spiral.

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