3 ms·
> How is this different? Structuring it as peer-to-peer allows us to actually be global from day one and circumvent government interference—in most of these mar
by oefrha 2y ago
> How is this different? Structuring it as peer-to-peer allows us to actually be global from day one and circumvent government interference—in most of these markets, centralized products (i.e., requiring a bank account in the relevant country) often get shut down.
"Circumvent government interference" sounds like a euphemism for "we're illegal but we make law enforcement hard".
- specialist 2y agoYes and: "Circumvent government interference" to me means no accountability, no transparency, no correction of mistaken & contested transactions.
- nroets 2y agoThey are still subject to US law I presume (like Ftx). (As someone who spent most of his life in a country with capital controls (South Africa which calls it exchange control), I like this product)