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Ofc there are ! There are 3 know authorities that sometimes intervenes that we must regulate and centralise more: - Tether, which is reasonable enough to block
by xwolfi 5y ago
Ofc there are ! There are 3 know authorities that sometimes intervenes that we must regulate and centralise more:
- Tether, which is reasonable enough to block transaction of known stolen USDT
- Exchanges who can reverse transactions if they havent left the exchange and are very monitored these days
- Miners, who can fork or reject an address if needed, something they dont all do because they're themselves not exactly loved by the country they suck energy out of
We need to switch away from decentralized currencies and move to a model of monitored USDT: that would allow the public to access every transaction of every actor, with the ability to block publicly criminals.
Weirdly crypto opponent focus a lot on decentralization but I don't think it matters as much as they think, while crime prevention is clearly more needed if people fall for "double your bitcoin" scams.