this post was submitted on 08 Dec 2023
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A Boring Dystopia

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[–] [email protected] -3 points 10 months ago (1 children)

Illegal immigrants can't even send money out of the country without institutions taking a cut.

You can still trade bitcoin at a coffee shop, it's just not as convenient as an online exchange.

[–] mhague 2 points 10 months ago (1 children)

But our government just took down the biggest vendor in the west, embedded third-party watchmen, is bleeding the company, got a judicial opinion that nfts are not that different than other systems and therefore subject to current regulations, etc. It's probably not a big deal but I'm curious if there's any stats / estimates.

[–] [email protected] 0 points 10 months ago

That's why I'm suggesting in-person trading that can just ignore those laws. No companies involved at all.