03-01-2022, 05:08 AM
Russia avoiding sanctions by using Crypto is one of the dumbest things I've seen in
<!-- SC_OFF --><div class="md"><p>The FBI,CIA, MI5 and every other intelligence agency loves BTC. Its a public ledger that you can look at with no warrant </p> <p>Look at the Canadian Truckers </p> <p>They will force the CEXs to black list the wallets. The Bitfinex hackers has over 20,000+ address but they tracked and black listed each one </p> <p>Russia could make 1 billion addresses but if even 10 000 track to one russian one they will be black listed </p> <p>As for stablecoins USDC, USDT both can freeze wallets and make coins worthless </p> <p>Because most POS coins are controlled by DEVs they can also just fork or have resolutions to black list coins. ETC exists because of a hack and people seriously believe ETH Devs want to be put on the CIA and EU naughty list over high treason </p> <p>If you seriously bought into the "unstoppable payments" you need to do more research. 99.99% of crypto has easier to halt transactions than just using shadow banking and traditional fraud </p> <p>Using a fake ID and proxy in a developing nation is way easier than moving crypto </p> <p>XMR and other privacy coins are also just as bad because of off and on ramps. </p> <p>The idea of Russia trying to off load $1 billion of XMR on a Peer to peer platform is laughable if not insane</p> <p>Edit: Just found out Ukraine is now pushing CEXs to block Russian accounts</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/GodlordHerus"> /u/GodlordHerus </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/t38923/russia_avoiding_sanctions_by_using_crypto_is_one/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/t38923/russia_avoiding_sanctions_by_using_crypto_is_one/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>The FBI,CIA, MI5 and every other intelligence agency loves BTC. Its a public ledger that you can look at with no warrant </p> <p>Look at the Canadian Truckers </p> <p>They will force the CEXs to black list the wallets. The Bitfinex hackers has over 20,000+ address but they tracked and black listed each one </p> <p>Russia could make 1 billion addresses but if even 10 000 track to one russian one they will be black listed </p> <p>As for stablecoins USDC, USDT both can freeze wallets and make coins worthless </p> <p>Because most POS coins are controlled by DEVs they can also just fork or have resolutions to black list coins. ETC exists because of a hack and people seriously believe ETH Devs want to be put on the CIA and EU naughty list over high treason </p> <p>If you seriously bought into the "unstoppable payments" you need to do more research. 99.99% of crypto has easier to halt transactions than just using shadow banking and traditional fraud </p> <p>Using a fake ID and proxy in a developing nation is way easier than moving crypto </p> <p>XMR and other privacy coins are also just as bad because of off and on ramps. </p> <p>The idea of Russia trying to off load $1 billion of XMR on a Peer to peer platform is laughable if not insane</p> <p>Edit: Just found out Ukraine is now pushing CEXs to block Russian accounts</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/GodlordHerus"> /u/GodlordHerus </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/t38923/russia_avoiding_sanctions_by_using_crypto_is_one/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/t38923/russia_avoiding_sanctions_by_using_crypto_is_one/">[comments]</a></span>Kind Regards R