An interesting journey, following hamas’s attempt to use crypto for funding, and their abandonment of it. And their preference for cash-based funding.
An interesting journey, following hamas’s attempt to use crypto for funding, and their abandonment of it. And their preference for cash-based funding.
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
Still, eventually you need to swap it back to FIAT. And, as mentioned in the article, these crypto exchanges are under governmental control.
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.
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.
Monero, if that’s what you’re referring to, has mechanisms for auditing supply:
https://m.youtube.com/watch?v=vW9H6VIONWM&t=174s
If you’re going to repeat this argument ad nauseam then at least don’t do it in a misleading absolutist way.
Discussion in case any one is reading this: https://local106.com/comment/984103