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by ggeorgovassilis
1591 days ago
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> So to summarize, it is useful for variously exfiltrating money out of a country, laundering Summarizing & paraphrasing :-) Greece instated capital controls virtually over night, likely illegally as there is freedom of capital movement in the EU [1]. The money on a bank account resides in a particular country, so its legislation applies. Which country's legislation applies to funds in a globally distributed blockchain, whose copies reside all over the globe? [1] https://www.bbc.com/news/business-33303540 edited for spelling |
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