Statement on Potentially Unlawful Online Platforms for Trading Digital Assets

Re:Statement on Potentially Unlawful Online Platforms for Tr... by yzmtf2008 on Wednesday March 07, 2018 @01:56PM (#16538798)

Crypto is only effective in that regard if you're able to opt-in. The problem is, you eventually need to interface with the fiat currencies for your "wealth" to be useful. The first step an oppressive regime would do is to just ban exchanges.

Acquiring this "wealth" of crypto would be impossible in an oppressive regime in the first place.

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Re:Statement on Potentially Unlawful Online Platforms for Tr... by crypt1d on Wednesday March 07, 2018 @01:59PM (#16538830)

you dont really need to go to an exchange to get crypto. Lots of OTC sellers, miners, etc.

There were actually a few news articles about people in 3rd world countries that survived thanks to btc, though I can't find any at the moment.

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Re:Statement on Potentially Unlawful Online Platforms for Tr... by stale2002 on Wednesday March 07, 2018 @04:00PM (#16539847)

Then don't use an exchange?

Lots of people do person to person transactions.

[ Parent | on HN ]