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Is it an interesting question? That prosecutor’s department in that country booked the value in fiat at the time and didn't have a mechanism for booking the val
by vmception 5y ago
Is it an interesting question? That prosecutor’s department in that country booked the value in fiat at the time and didn't have a mechanism for booking the value in the asset.
People have been saying they have their own nexus currencies for the whole last decade, and others spent too much time ignoring that in. Now it bit Sweden in the ass, for now.
- fastball 5y agoIt's interesting (to me), because of the whole idea that crypto are in fact cryptocurrencies. So unlike buying a house or buying stock options, the argument can be made that the crypto is itself the medium of exchange and therefore the value in fiat is irrelevant. But this also means that if the crypto drops in price while the cops are HODLing it, they lose out.
- vmception 5y agoagreed on that point my question is whether we should consider these crypto clean, or whether we should stop trying to determine if crypto provenance is clean or not as it doesn't seem possible to rely on the due process of every municipality worldwide, unless the state is deemed as the crypto washer - magically cleaning all crypto as it temporarily seizes and auctions them or returns them - in which case a state will take advantage of that
- ClumsyPilot 5y agoThe idea is to take away oroceeds of crime, not to make bank
- vmception 5y agoTell that to every municipality in the US over the last 20 years