171–180 of 279 posts
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I thought the #1 use case for crypto was ransomware, followed by shitcoin rug-pulls, and the ability to commit theft without recourse. Sending money to Iran is just a minor edge case.
When I think about it, I know people that have been involved in all of those areas (always on the wrong non-criminal end). However, I'm not sure I know a single person that has made a regular transaction in some cryptocoin.
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It's a US-sanctioned country so allied nations play along with the sanctions and Binance is located within that US sphere of influence so Iran is supposed to be currently banned, yes.
It's not like Western(-ish) nations have much of a choice here. As soon as your banks and financial system depend on the USD in any way, it comes with a mandatory dose of US imperialism and extraterritorial jurisdiction.
Remember that the CEO of Binance was pardoned by Trump after pleading guilty to financial fraud.
Iran obviously missed the memo. All they have to do is setup a wealth fund and invest heavily in a Trump venture; then they can become a most favored nation and forego all this conflict.
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Copyright isn't being circumvented - the content of the website is made available for the public and the website just grabs what is publicly available.
Redistributing copyrighted content is the literal definition of copyright infringement. Using it for your own purposes, without distribution, is another story. This link was posted with intent to facilitate the distribution of copyrighted material. The person who posted it justified posting the link by saying some people don't have a subscription. I understand that some people think copyright shouldn't exist, but it…
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Except that there is a huge trusted network for this. The world does not revolve around americas and europe. Not everyone has issues cashing out millions of crypto from a bank. This has been especially prevelant with countries that host a lot of Russian immigrants ever since the SWIFT ban, the regulation is extremely lax and there is minimal data shared to western institutions. I have heard from friends who are in th…
The moment that crypto is cashed out at a bank, no matter how sketchy, a record is created in a ledger. This completely destroys the so-called anonymity of cryptocurrencies.
Isn't this like the #1 use case for crypto? Everyone wants an untrackable unblockable currency that is out of government control until the day it is used for things they don't like, then suddenly "government please control this!"
I thought the #1 use case for crypto was ransomware, followed by shitcoin rug-pulls, and the ability to commit theft without recourse. Sending money to Iran is just a minor edge case.
Earlier quoted context omitted.
I thought the #1 use case for crypto was ransomware, followed by shitcoin rug-pulls, and the ability to commit theft without recourse. Sending money to Iran is just a minor edge case.
When I think about it, I know people that have been involved in all of those areas (always on the wrong non-criminal end). However, I'm not sure I know a single person that has made a regular transaction in some cryptocoin.
Earlier quoted context omitted.
It's also the #1 use case for $100 US dollar bills. Most US $100 bills, in fact, are not even in the US.[a][b] US $100 bills are the currency of choice for small-time crooks and evildoers around the world. They are also the currency of choice for big-time crooks and evildoers. Briefcases of US $100 bills have long been used for illicit payments, as depicted in numerous books and movies. Just because crooks and evildo…
There's a major distinction, however, in that it's a heck of a lot harder to safely and reliably lug briefcases or suitcases full of $100 bills from Chicago to Tehran, than it is to click and transfer some Bitcoin. Which is the whole point.
(Definitely in Iraq and Afghanistan, I don't know if there's any back channel deals at the moment paying off Iranians in 100$ bills but I wouldn't be surprised if we were nudging for regime change by funding revolutionaries)
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A Boeing. Straight cash. Naming anirports or other public spaces. The aforementioned shitcoin. What are the others?
Boeing has an enormous number of subcontractors. If boeing gets orders they'll make sure the subcontractors are in your district.