News for hackers. Stuff that matters.

A comment on I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To. Parent comment

Re:I Looked into 34 Top Real-World Blockchain Projects So Yo... by Phlarp on Saturday July 30, 2022 @09:08PM (#32292101)
Enforcing it is trivial for a sovereign nation that issues it's own currency and collects taxes in that currency.

Just as we've seen; they can regulate the on/off ramps between local currency and crypto.

If you've got a method to turn meaningful amounts of BTC into USD without being subject to KYC regulations; then the US government is probably already building a federal money laundering case against it.

[ Parent | on HN ]
Re:I Looked into 34 Top Real-World Blockchain Projects So Yo... by plebianRube on Sunday July 31, 2022 @11:46AM (#32296346)
Why is it still in use in China then? How are nodes and miners still operating there.

You give evil too much credit.

[ Parent | on HN ]