U.S. SEC sees decentralized crypto platforms as exchanges

Re:U.S. SEC sees decentralized crypto platforms as exchanges by anonymouskimmer on Friday April 14, 2023 @05:39PM (#35575142)

For about a 63 cent stamp and a 5 cent security envelope you can send about $8000 or so of effectively untraceable hundred dollar bills with the USPS.

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Re:U.S. SEC sees decentralized crypto platforms as exchanges by alphanullmeric on Friday April 14, 2023 @06:07PM (#35575425)

For 5 cents you can send any amount of monero anywhere around the world and have it settle in 25 minutes. The transaction is irreversible and obfuscated - sender, receiver and quantity.

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Re:U.S. SEC sees decentralized crypto platforms as exchanges by jjtheblunt on Friday April 14, 2023 @07:27PM (#35576138)

Can you send it to the grocery store you're trying to leave with food sooner than 25 minutes?

That sounds like an implied criticism but I genuinely don't know the answer.

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Re:U.S. SEC sees decentralized crypto platforms as exchanges by peyton on Saturday April 15, 2023 @12:20AM (#35577564)

Yeah every transaction has a one-time key you can give them. Settlement in 25 minutes is quicker than the 1–5 days they already deal with.

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