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> Real fiat currencies come with much heavier regulation if you want to get money in and out of the traditional banking system. This is the biggest reason, re
by 35fbe7d3d5b9 5y ago
> Real fiat currencies come with much heavier regulation if you want to get money in and out of the traditional banking system.
This is the biggest reason, really: the moment you touch USD you have to comply with know your customer laws, review OFAC sanctions lists, etc. And this doesn't just apply to US-based companies, if you are sending money through the US financial system or handling dollars, this applies.