Re:Tether price manipulation
by eecks on Friday January 08, 2021 @08:51AM
(#25684688)
Is it illegal to transfer value from person A to person B without the middleman?
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Re:Tether price manipulation
by alisonkisk on Friday January 08, 2021 @09:15AM
(#25684905)
In many cases, yes. It's not the "middleman" that is required, but reporting the transaction to the government is.
Re:Tether price manipulation
by mmcwilliams on Friday January 08, 2021 @10:59AM
(#25685952)
If avoiding reporting a transaction is the goal does committing the transaction to a public blockchain really bypass this? All activity is pseudonymous and in the clear.
Consider these cash examples:
A parent gives his child 5 USD to buy some sweets in the local shop.
A couple gives another couple 150 USD as a wedding gift.
A painter gets 200 USD for painting a house.