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An interesting journey, following hamas’s attempt to use crypto for funding, and their abandonment of it. And their preference for cash-based funding.

  • GenEcon@lemm.ee
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    1 year ago

    An ultimately shows that Crypto is in fast still under governmental control, negating the last remaining advantage it had.

    • jet@hackertalks.comOP
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      1 year ago

      Definitely the large volume on-ramps and off-ramps yes.

      I think their biggest mistake was believing open ledgers were anonymous. They’re clearly not.

      There’s only one privacy coin which even approaches anonymous fungibility, it’s definitely not Bitcoin

      • GenEcon@lemm.ee
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        1 year ago

        Still, eventually you need to swap it back to FIAT. And, as mentioned in the article, these crypto exchanges are under governmental control.

        • explodicle@local106.com
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          1 year ago

          You can still just meet people in person to trade it, it’s just harder to buy/sell large volumes quickly and for a good price.

      • explodicle@local106.com
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        1 year ago

        The Lightning Network already features onion routed payments. If onion routing isn’t private enough, then they’ll just get caught by IP address.

        The one coin to which you refer has no mechanism for verifying the total supply. So if there’s ever a supply bug, then the attacker could generate infinity free money and nobody would ever know.