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In my opinion a lot of the spicy regulatory issues around coins with private transactions are still not fully realized because none of them have mainstream adop
by airza 6y ago
In my opinion a lot of the spicy regulatory issues around coins with private transactions are still not fully realized because none of them have mainstream adoption. The problem here is that Signal's goal to succeed as a mainstream encrypted messaging client could have the unpleasant side effect of bringing this technology under regulatory scrutiny.
Hopefully things won't come to that, of course...
- senectus1 6y agoThis is probably why they done sell (MobileCoin) to anyone in or from the US...
- AJ007 6y agoAnd they need to exhaustively verify who is really buying these to be sure they really aren’t in the US so they don’t end up in a Bitmex style situation. The larger problem here for Signal is US legal claims could nuke it off the (very) centralized Apple App Stores and Google Play Store. Then what?