Hacker News new | ask | show | jobs
by Oblouk 2022 days ago
This is one of the few benefits I can see to cryptocurrency.
1 comments

And even that is tenuous. In cases where you run afoul of AML regulations, cryptocurrency will not save you.

In cases such as this where you break no laws, but your payment processor refuses to process payments ... well, at some point you'll have to convert your crypto cash into real cash - so all you did was kick the ball downstream and fixed nothing. If MasterCard refuses to process your payments, they can also refuse to process payments for the crypto exchange if they do business with you.