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OK, so there are two pathways here: A) USD in American bank => hryvnia in Ukrainian bank B) USD in American bank => Bitcoin in Coinbase => hryvnia in Ukrainia
by smt88 5y ago
OK, so there are two pathways here:
A) USD in American bank => hryvnia in Ukrainian bank
B) USD in American bank => Bitcoin in Coinbase => hryvnia in Ukrainian bank
What regulations does that get around? Who could stop pathway A but not pathway B? If Russia has control of Ukrainian banks (which they don't yet), then they can stop both transactions.
As usual with this kind of bullshit, the article doesn't explain:
- where the censorship is coming from
- how Bitcoin evades it