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> tell exchanges not to redeem cash Try telling it to Chinese, Russian, Indian exchanges.
by whatsupdog 1y ago
> tell exchanges not to redeem cash
Try telling it to Chinese, Russian, Indian exchanges.
- PaulHoule 1y agoWhat if it is the Chinese or Russian or Indian governments you're worried about? None of those have a libertarian attitude, even if they think it's cool to thumb their nose at Uncle Sam from time to time.
- PaulHoule 1y agoAlso... I dunno about India (I think of it as a dysfunctional democracy) but China and Russia are notorious authoritarian economies that people want to take money out of and that's a big part of the global money laundering problem. You might have a problem that your money is in Bitcoin but turn it into Rubles or Yuan and now you have another problem.