×
Login Register an account
Top Submissions Explore Upgoat Search Random Subverse Random Post Colorize! Site Rules
6

US and EU double down on measures against Russia potentially using crypto to evade sanctions

submitted by v0atmage to Crypto 2.2 yearsMar 11, 2022 19:39:09 ago (+6/-0)     (archive.ph)

https://archive.ph/IXqdy

Petty assholes want control over any decision you make with your currencies.


3 comments block


[ - ] localsal 0 points 2.2 yearsMar 11, 2022 20:11:35 ago (+0/-0)

How exactly do these sanctions work?

Are they able to see wallets? I would think not very likely, as wallets can spring up anywhere.

Are they going to target the exchanges? where the elites would have to pull fiat currency from?

Are they going to prevent buying anything with a wallet? Last I checked (absolutely do not follow crypto at all) most general places do not take crypto. Does amazon? will these elites be buying their essentials and luxuries through amazon?

[ - ] mikenigger 2 points 2.2 yearsMar 11, 2022 21:19:59 ago (+2/-0)

Most exchanges are forced to do KYC checks and won't be able to do business in sanctioned countries anyway because of the SWIFT ban.

[ - ] localsal 0 points 2.2 yearsMar 11, 2022 22:17:19 ago (+0/-0)

Doesn't seem like this applies to sanctioned countries - more like the elites that live abroad.

It wouldn't be hard to set up wallets for anyone wanting to help to launder the money.

I'm an artist and will gladly sell a few of my pricey paintings to anyone wanting to buy them with crypto. I also do returns, no questions asked....