A business (Mega) whose profits will be mainly generated by exploiting copyright infringements will be accepting a currency that's mainly used for illegal activities such as buying drugs, money laundering...a perfect match!
Before anyone comments: I`m well aware that both Mega as well as Bitcoin CAN be used for non questionable purposes. Their main usage as of today are some sort of illegal or at least questionable activities.
I`m still surprised how much love Kim Schmitz receives from liberal minded HN fellows - unaware that he is gladly taking your believes as a thin cover-up to conduct at least questionable business.
Mega as well as Bitcoin have both a very liberal philosophical foundation by strengthening personal property rights. Bitcoin helps preserving and moving wealth without government intervention and Mega helps preserving and moving data without government intervention. In times of increasingly corrupt and dysfunctional democratic processes, this is the right thing to do. Note that legal and morally right is not always the same. This is a basic premise your our TV tells you every day (e.g. Jack Bauer illegally torturing suspects or Robin Hood stealing from the rich). I believe that both Bitcoin and Mega make the world a better place.
This comment seems to make the assumption that something being illegal makes it wrong.
You can buy soft and hard drugs in your local supermarket, just a very small subset of them. Caffeine is used by almost everybody and it qualifies as a soft drug. Alchohol is used by the majority of the population and it is a hard drug. Tobacco is a soft drug in terms of psychological effects and a hard one in terms of it's physical impact. If the law is so irrational as to categorise many other soft and hard drugs as a danger, why should people not side-step it? What is the benefit of jumping off an intellectual cliff just because the majority of people are doing so?
Copyright infringement is based on similarly irrational laws. They are for the benefit of the few and harm society as a whole. Culture has traditionally been free to share. This brings the benefit of giving people access to materials which inspire thoughts and feelings that they might not otherwise come across. This, in turn, provides a greater probability of innovative and novel ideas coming about, which benefit everybody. Intellectual property has been described by many people as an oxymoron.
In my opinion, the questionable activities are not of those who use bitcoin to buy illicit substances or use Mega or Torrents to access cultural artifacts but of the governments who subscribe to the notion that these activities are negative and that violence must be used against those who participate.
Before anyone comments: I`m well aware that both Mega as well as Bitcoin CAN be used for non questionable purposes. Their main usage as of today are some sort of illegal or at least questionable activities.
I`m still surprised how much love Kim Schmitz receives from liberal minded HN fellows - unaware that he is gladly taking your believes as a thin cover-up to conduct at least questionable business.