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by krzyk 1629 days ago
> Bitcoin totally failed to become all that. The ledger is public and perfectly traceable so it's even worse than money at the bank.

Well, but that's not about "not regulated", just not totally anonymous.

But it if you think about it is better than money in the bank. Because that can be traced only by governments, and here average Joe can do the tracing. So it is at least more egalitarian.

1 comments

Anonymity is a prerequisite to being unregulated. Monero for example is apparently resistant to US sanctions. They tried to sanction a wallet and ended up sanctioning a transaction hash.

https://www.treasury.gov/ofac/downloads/sdnlist.txt

> Digital Currency Address - XMR 5be5543ff73456ab9f2d207887e2af87322c651ea1a873c5b25b7ffae456c320;

https://localmonero.co/blocks/search/5be5543ff73456ab9f2d207...