3 ms·
Transactions in most crypto are even more visible to the state than in normal banking, because they're in an uneditable public database that never loses history
by astrange 3y ago
Transactions in most crypto are even more visible to the state than in normal banking, because they're in an uneditable public database that never loses history.
- Kwpolska 3y agoCrypto tumblers are a thing, and they make the public history unreadable. Bank transactions aren't public, but the government can get access, and stuff like money laundering is easier to detect than with crypto.
- CaptainFever 3y agoMonero is also a thing.
- astrange 3y ago> Crypto tumblers are a thing, and they make the public history unreadable. That simply means they're illegal, not that we have to put up with them. Cf Tornado Cash, anyone who's running one is a money launderer.