News for hackers. Stuff that matters.
Re:Bitcoin is a disaster by oblio on Thursday December 31, 2020 @06:37PM (#25598599)
> There's additional benefits as mentioned earlier like not needing to comply with KYC laws.

In many situations lack of KYC is a bug, not a feature.

Re:Bitcoin is a disaster by ur-whale on Thursday December 31, 2020 @07:22PM (#25599016)
>In many situations lack of KYC is a bug, not a feature.

Some people seem to be actually believe that.

You just happen to be one of them.

Re:Bitcoin is a disaster by oblio on Friday January 01, 2021 @05:48PM (#25608085)
How do you track money laundering? Not everyone doing it is a virtuous rebel Fighing The Powah. A lot of them are just plain old crooks or other kinds of criminals.
Re:Bitcoin is a disaster by ur-whale on Saturday January 02, 2021 @10:08AM (#25613261)
> How do you track money laundering?

You don't.

Just like free speech, tracking what people do with their money is a violation of basic human rights.

Giving governments that kind of power is downright crazy.

If you want to catch criminals, resort to traditional ways.