3 ms·
In what jurisdiction do rich people not have access to webs of shell companies to hide their transactions through?
by howinteresting 5y ago
In what jurisdiction do rich people not have access to webs of shell companies to hide their transactions through?
- toomuchtodo 5y agoI don’t disagree. How does crypto solve that? It doesn’t. It’s just as harmful. Perfection doesn’t exist, only the continual efforts towards an ideal. Edit: (HN throttling), reply to below comment. I agree that there are niche use cases where crypto is bridging a gap for the disenfranchised (sex workers in this example) until policy catches up, but that it’s unsustainable to extrapolate that out as a call for wide adoption of crypto by the masses.
- howinteresting 5y agoCrypto (not Bitcoin or Ethereum, Zcash) gives everyone the same privacy rich people enjoy, leveling the playing field. I think crypto has a bunch of other problems, but I consider (for example) sex workers being able to transact online an unalloyed good.