Knock_Knock_Lemmy_In

joined 2 years ago

It can happen. That would involved cutting off access to all crypto for that individual. It's not common.

Even on the token side there are often blacklist addresses (e.g. USDC) that perform a similar function. Usually for hacks rather than terrorism.

It's called a use case because you can use it.

What's the benefit here?

An additional vector to avoid censorship.

If the protocol is badly designed, yes.

In theory, the stakers should only be rewarded for correctly confirming transaction and that capital (staked tokens) should carry no votes in any protocol changes.

[–] Knock_Knock_Lemmy_In@lemmy.world 1 points 8 hours ago (2 children)

What you're saying is that it's impossible to buy porn/erotica online without monero

I haven't said anything like that.

I'm saying crypto is an additional, uncensored payment channel.

[–] Knock_Knock_Lemmy_In@lemmy.world 1 points 9 hours ago (1 children)

What happens to that heat in summer?

And fancier intellisense

[–] Knock_Knock_Lemmy_In@lemmy.world 0 points 10 hours ago (6 children)

You would use real currencies for everything except the transfer. The consumer only sees USD. The provider swaps back to Fiat as soon as necessary.

The use case is enabling payment over the Internet while avoiding traditional, censoring providers.

[–] Knock_Knock_Lemmy_In@lemmy.world 0 points 11 hours ago (8 children)

It's a 3rd use case.

[–] Knock_Knock_Lemmy_In@lemmy.world 0 points 13 hours ago (2 children)

Only for PoW crypto.

[–] Knock_Knock_Lemmy_In@lemmy.world 0 points 13 hours ago (11 children)

What about paying for censored games?

[–] Knock_Knock_Lemmy_In@lemmy.world 0 points 3 weeks ago (1 children)

I've not read any Robert Galbraith books. I was just giving an objective measurement.

People also say Dan Brown is a bad writer and he sells millions of books

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