How Iran Uses Bitcoin Mining to Evade Sanctions and “Export” Oil

Re:How Iran Uses Bitcoin Mining to Evade Sanctions and “Expo... by slver on Saturday May 22, 2021 @11:24AM (#27247408)

I'm tired of this completely wrong argument.

- Encryption doesn't stop law enforcement from having backdoors at key servers, and they do.

- Also we're discussing a financial transaction instrument, which REQUIRES MASS for it to make sense (for it to be valuable for transactions).

- While you can roll your own unique encryption and communication channel and authorities won't know a thing.

So no, situation is completely different with encryption.

[ Parent | on HN ]

Re:How Iran Uses Bitcoin Mining to Evade Sanctions and “Expo... by gus_massa on Saturday May 22, 2021 @04:35PM (#27250035)

I should have written "end to end encryption".

[ Parent | on HN ]

Re:How Iran Uses Bitcoin Mining to Evade Sanctions and “Expo... by slver on Saturday May 22, 2021 @04:55PM (#27250186)

But if you have written it I'd have to note end-to-end encryption (as in truly end-to-end) is rarely applied in the real world.

It doesn't make even pragmatic sense, for ex. how can Apple index and process your photos, if it just sees them as bunch of binary noise? It can't. So it doesn't.

[ Parent | on HN ]