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comment by kleinbl00

I have plenty to say, but let's start with "why?"





uhsguy  ·  935 days ago  ·  link  ·  

Won’t bounce also you can bet no banks want to touch this kind of transaction as you could have a lot of compliance costs and run serious afoul of arms control regs. The only legitimate use for crypto is regulatory arbitrage, and transactions in no/low trust situations. Here you have both. No guarantee they won’t just pocket the money but yeah crypto

kleinbl00  ·  935 days ago  ·  link  ·  

I meant "why do ETH and BTC need to be recognized as money in big entities like the USA and EU."

uhsguy  ·  934 days ago  ·  link  ·  

Yeah idk why he thinks that’s needed