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Don't forget sanctioned individuals. This payment method must be looking appealing for Russian oligarchs right now.
by jcranmer 3y ago
Don't forget sanctioned individuals. This payment method must be looking appealing for Russian oligarchs right now.
- gambiting 3y agoAny company doing business with known sanctioned individuals directly would be in super hot legal shit, no matter how they choose to pay. If you say that they can just use an intermediary then they can also do the same with cash - really not seeing the point here.
- justapassenger 3y agoIt doesn’t. It’s being converted to fiat money during transaction, so all the sanctions will still apply to the payment processor. And even if it didn’t, they’d apply to Ferrari. As always, crypto is not actually solving problem other than adding extra complexity and making headlines.