Re:Having a safe CEX: proof of solvency and beyond
by jjslocum3 on Monday November 21, 2022 @10:58AM
(#33693985)
Which begs the question, why not just use Dollars?
[ Parent
| on HN ]
Re:Having a safe CEX: proof of solvency and beyond
by siftrics on Monday November 21, 2022 @11:39AM
(#33694544)
Because in many countries throughout the world it is illegal to save and spend US dollars.
Or you can do it, but suffer extortionist fees.
Classic first-worlder, thinking corrupt, authoritarian regimes which arbitrarily seize assets and cut off access to basic financial services do not exist.