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by pelliphant 1957 days ago
What are the positive sides of "Evading capital controls"?

Also, does POS here mean "piece of shit"?

3 comments

Well, if the government is truly repressive evading capital controls can be considered a good thing.

I am still convinced that most people willingly holding Tether are trying to avoid paying taxes and skirt KYC.

That is the only sane explanation for this insanity.

That's a fair point.
Proof of stake
Point of Sale maybe ...
Proof of Stake, an alternative to Proof of Work where users stake the currency for a chance to become the next validate (the winning miner). If they do anything shady or not allowed their stake is redistributed to the community.
Well, that makes more sense, thnx.