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I assume you must understand how Bitcoin works, so… Moving cryptocurrencies around barriers such as custodial exchanges freezing/losing/stealing it is one of t
by pjkundert 4y ago
I assume you must understand how Bitcoin works, so…
Moving cryptocurrencies around barriers such as custodial exchanges freezing/losing/stealing it is one of the “superpowers” that makes real Crypto valuable.
Any thief dumb enough to deposit their stolen goods onto someone’s exchange deserves to have it frozen — heck, if they deposited it into my wallet, that’s what I wound do!
Explain again how this defeats “code is law”?
- eternalban 4y agoIt doesn't defeat it, it merely underlines that bitcoin platitudes evaporate in the light of practical use of "crypto". Related sayings: "Feet of clay", "Emperor has no clothes". etc.