News for hackers. Stuff that matters.

A comment on Coinbase S-1. Parent comment

Re:Coinbase S-1 by ketamine__ on Thursday February 25, 2021 @08:38AM (#26262584)
How does that decentralized fiat on ramp look?
[ Parent | on HN ]
Re:Coinbase S-1 by charcircuit on Thursday February 25, 2021 @08:44AM (#26262637)
Fiat on ramps are already decentralized. Anyone can sell cryptocurrency for fiat. There is no centralized list of people who are allowed to sell cryptocurrency for fiat.
[ Parent | on HN ]
Re:Coinbase S-1 by from on Thursday February 25, 2021 @12:05PM (#26265065)
I believe it can be found at https://www.fincen.gov/financial_institutions/msb/msbstatese....
[ Parent | on HN ]
Re:Coinbase S-1 by ketamine__ on Thursday February 25, 2021 @03:27PM (#26267831)
That's clearly not true. People have been arrested for acting as money transmitters.
[ Parent | on HN ]
Re:Coinbase S-1 by charcircuit on Thursday February 25, 2021 @04:24PM (#26268517)
Just because something is illegal in certain jurisdictions it doesn't make whatever no longer decentralized. If running tor nodes was illegal, it wouldn't mean the tor is centralized.
[ Parent | on HN ]