Trudeau announces intention to freeze bank accounts of protestors

Re:Trudeau announces intention to freeze bank accounts of pr... by weruiojkl24 on Tuesday February 15, 2022 @08:32AM (#30346130)

Bitcoin fixes this.

[ Parent | on HN ]

Re:Trudeau announces intention to freeze bank accounts of pr... by Wolfenstein98k on Tuesday February 15, 2022 @08:36AM (#30346172)

No it doesn't - they're authorised to crack down on funders, including via crypo and crowdfunding.

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Re:Trudeau announces intention to freeze bank accounts of pr... by ajkdhcb2 on Tuesday February 15, 2022 @09:55AM (#30347206)

Authorisation does not equal capability. Bitcoin has no privacy so I see how use of it could be trivially tracked and punished. With a private cryptocurrency like Monero it may be feasible to do anonymous crowdfunding; recipients have various ways to cash out into usable currency albeit with significant inconvenience

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Re:Trudeau announces intention to freeze bank accounts of pr... by kragen on Tuesday February 15, 2022 @10:57AM (#30348156)

While your premise is true (they're authorized to crack down on funders via crypto) your conclusion (Bitcoin doesn't fix this) doesn't follow from it. Please see my discussion in https://news.ycombinator.com/item?id=30346082.

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Re:Trudeau announces intention to freeze bank accounts of pr... by Hnus on Tuesday February 15, 2022 @08:39AM (#30346222)

How?

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