Re:Cryptocurrency and the unbanked
by phone8675309 on Sunday October 03, 2021 @07:24AM
(#28736291)
It (centrally controlled money) is a problem if you want to fleece people for their retirement money in tech support scams or ransomware and avoid having your bank account being seized when the authorities catch up with you.
[ Parent
| on HN ]
Except there are tons of crypto scams and governments have used the blockchain to find criminals by tracking payment flow.
Re:Cryptocurrency and the unbanked
by zinekeller on Sunday October 03, 2021 @01:08PM
(#28738704)
That's true for Bitcoin, which its blockchain by design is open to everyone. Unfortunately, Monero seems to be the preferred cryptocurrency in this space, and tracking Monero is purposely hard.