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HN hates cryptocurrency. And yet, all the comments on this thread are about banks/paypal freezing funds or transactions. Decentralised digital money does have
by mickotron 5y ago
HN hates cryptocurrency.
And yet, all the comments on this thread are about banks/paypal freezing funds or transactions.
Decentralised digital money does have value and a use case. It's interesting that most here don't see that this kind of thing would not happen with crypto.
- Invictus0 5y agoPayPal is trying to stop fraud; crypto is literally the currency of fraud.
- mickotron 5y agoSo cash, wire/bank transfers, paypal have never been used for fraud? I have news for you. Financial fraud existed even before the concept of what we know of modern money. I would be confident to assert that pretty much all financial infrastructure and instruments have been used for fraud, historically. Crypto does not have a monopoly on that and you know it.