undefined | Better HN

0 pointsanon2020dot003y ago0 comments

Aren't North Korean Hackers using crypto for ransomware? So actually, crypto is used to finance and prop-up such dictatorial governments.

Also, Russia is being sanctioned through freezing their USD accounts and imposing financial sanctions such as suspension from using SWIFT.

If crypto is more wide-spread, then it will become more difficult to impose such financial restrictions to Russia and other international pariahs.

0 comments

seibelj3y ago

Aren't drug dealers in the US and Europe using paper currency? Shouldn't we outlaw that so the government can track everything?

anon2020dot00OP3y ago

The previous argument was that crypto will be a bane to authoritarian governments; I'm just pointing out that crypto can also assist authoritarian governments.

I never said to outlaw crypto or paper currency but I just brought-up that crypto is just a tool that can be used against and for such governments.

dubswithus3y ago

Yeah, North Korean hackers steal money on the internet. You are right about that.

j / k navigate · click thread line to collapse