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This is false. The wallet just reflects what's in the ledger, and the ledger is controlled by Facebook('s consortium). They can absolutely freeze any addresses
by stcredzero 7y ago
This is false. The wallet just reflects what's in the ledger, and the ledger is controlled by Facebook('s consortium). They can absolutely freeze any addresses they want.
Isn't this a transfer of power over the movement of money away from the government, and to a corporate consortium?
And they certainly will, in the name of preventing fraud and crime and terrorism.
Which will result in the US government using those accusations more.
- grey-area 7y agoIsn't this a transfer of power over the movement of money away from the government, and to a corporate consortium? That’s kind of the point.
- stcredzero 7y agoMassive power shifted towards corporate consortiums: Often this presages bad news on geopolitical scales.
- tanzbaer 7y agoDo you have some examples?
- patrickaljord 7y agoVisa and mastercard are already banning people left and right, it is not a transfer of power though. They're working hand in hand with the government, when the US government got mad at Wikileaks during the Obama administration, visa, paypal and mastercard banned them without blinking after the government asked them to I guess.