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Re:SafeDollar ‘stablecoin’ drops to $0 following DeFi exploi... by twox2 on Monday June 28, 2021 @02:31PM (#27665729)
That it incentivizes human trafficking and crime is pure hyperbole. Also turns out that the barrier to entry for crypto is lower in the 3rd world than you might think:

https://www.youtube.com/watch?v=jvHN0MEBoZo

Re:SafeDollar ‘stablecoin’ drops to $0 following DeFi exploi... by iNane9000 on Monday June 28, 2021 @02:40PM (#27665854)
I believe the synagogue shooter was paid in Bitcoin. So not pure hyperbole.

Edit: might have the details confused about above point, but the general thrust of things is pretty clear. https://foreignpolicy.com/2019/03/19/neo-nazis-banked-on-bit...

Re:SafeDollar ‘stablecoin’ drops to $0 following DeFi exploi... by twox2 on Monday June 28, 2021 @02:41PM (#27665875)
Well in that case, nothing incentivizes more crime than USD.
Re:SafeDollar ‘stablecoin’ drops to $0 following DeFi exploi... by iNane9000 on Monday June 28, 2021 @02:43PM (#27665918)
It’s more regulated though. That’s the point is there’s some control in usd, for better and worse.
Re:SafeDollar ‘stablecoin’ drops to $0 following DeFi exploi... by vimy on Monday June 28, 2021 @03:14PM (#27666394)
Cash is the ultimate anonymous method of payment.
Re:SafeDollar ‘stablecoin’ drops to $0 following DeFi exploi... by Veliladon on Monday June 28, 2021 @06:02PM (#27668804)
Cash is a physical thing that needs to be taken somewhere if you're using it to pay someone off or receive a payoff. That gives means to be apprehended at some point in the chain. Crypto on the other hand you just hand over the coins. The coins are sent to an exchange's wallet, mingled, then pulled out on another anonymous wallet. This is what makes it so great for ransoms.
Re:SafeDollar ‘stablecoin’ drops to $0 following DeFi exploi... by dasudasu on Monday June 28, 2021 @04:42PM (#27667819)
Not necessarily. Bills have serial numbers on them. They can also be marked.
Re:SafeDollar ‘stablecoin’ drops to $0 following DeFi exploi... by sjtindell on Monday June 28, 2021 @03:33PM (#27666712)
Their complaint was not with your premise but the language. Rather than incentivizes perhaps facilitates.