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Are you really suggesting crypto so people can bypass sanctions?
by malfist 1y ago
Are you really suggesting crypto so people can bypass sanctions?
- tbrownaw 1y agoIsn't evading pesky legal restrictions pretty much the entire point of cryptocoins? Sanctions, capital controls, banned substances, ransoms ...
- system2 1y agoYes? Isn't it the purpose of crypto to avoid centralized restrictions? The person can still pay taxes by declaring it. Either way, when he turns crypto into fiat, he will have to explain its origin to his government and eventually pay taxes.
- 8note 1y agodont ask dont tell a major crypto usecase is terrorist financing/sanctions avoidance