RSS BotMB to Hacker NewsEnglish · 3 days agoFBI raids home of prominent computer scientist who has gone incommunicadoarstechnica.comexternal-linkmessage-square20fedilinkarrow-up1144arrow-down10file-textcross-posted to: technology@lemmy.worldprivacy@lemmy.ml
arrow-up1144arrow-down1external-linkFBI raids home of prominent computer scientist who has gone incommunicadoarstechnica.comRSS BotMB to Hacker NewsEnglish · 3 days agomessage-square20fedilinkfile-textcross-posted to: technology@lemmy.worldprivacy@lemmy.ml
minus-squarellama@lemmy.ziplinkfedilinkEnglisharrow-up2·3 days agoIf they’re blacklisted then how will they sell the cryptocurrency for fiat and be able to use the fiat in any meaningful way?
minus-squarejagged_circle@feddit.nllinkfedilinkEnglisharrow-up1·3 days agoBecause its a p2p currency. You can’t blacklist a p2p currency. There’s is no middleman. Thats why its valuable.
minus-squarellama@lemmy.ziplinkfedilinkEnglisharrow-up1·2 days agoThat’s true but operationally they can’t pay for all their expenses in cryptocurrency so they will need to sell it for fiat first.
minus-squarejagged_circle@feddit.nllinkfedilinkEnglisharrow-up1·edit-22 days agoSure, but you can sell it p2p and get cash. You dont need to go through a company like tradfi. Or you can buy prepaid cards and use those to pay for expenses. All those problems have been solved. Its a great way for dissidents to raise funds internationally
If they’re blacklisted then how will they sell the cryptocurrency for fiat and be able to use the fiat in any meaningful way?
Because its a p2p currency. You can’t blacklist a p2p currency. There’s is no middleman.
Thats why its valuable.
That’s true but operationally they can’t pay for all their expenses in cryptocurrency so they will need to sell it for fiat first.
Sure, but you can sell it p2p and get cash. You dont need to go through a company like tradfi.
Or you can buy prepaid cards and use those to pay for expenses.
All those problems have been solved. Its a great way for dissidents to raise funds internationally