11 ms·

Bitcoin fixes this.

• Wolfenstein98k 5y ago
  No it doesn't - they're authorised to crack down on funders, including via crypo and crowdfunding.
  • ajkdhcb2 5y ago
    Authorisation does not equal capability. Bitcoin has no privacy so I see how use of it could be trivially tracked and punished. With a private cryptocurrency like Monero it may be feasible to do anonymous crowdfunding; recipients have various ways to cash out into usable currency albeit with significant inconvenience
  • kragen 5y ago
    While your premise is true (they're authorized to crack down on funders via crypto) your conclusion (Bitcoin doesn't fix this) doesn't follow from it. Please see my discussion in https://news.ycombinator.com/item?id=30346082 https://news.ycombinator.com/item?id=30346082.
• Hnus 5y ago
  How?