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yes. And then you copy paste the wrong account number or amount, and you're screwed as transactions are irreversible, and there's no central authority which ca
by danbulant 4y ago
yes.
And then you copy paste the wrong account number or amount, and you're screwed as transactions are irreversible, and there's no central authority which can revert that.
Oh and money laundering
- KomradeKeeks 4y agoTell me you've never used Zelle in the US or a bank wire without telling me you've never used Zelle in the US or a bank wire.
- darioush 4y agoRight because money launderers prefer a permanent public record of all their TXs? Seriously I don't get the money laundering angle on chains. Maybe in early days it was assumed chain analysis would be difficult, these days many contractors specialize in on-chain analytics and governments are investing in this too (as they should). In fact I would LOVE to see traditional banks settlements as public record, y'know for all that money laundering that never happens on their books ;)