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Cash can't do those things either. It would be relatively easy to have a regulated bitcoin bank that offers such services. Coinbase is heading that way.


Presumably that wouldn't fit with any of the demands of cryptocurrency enthusiasts though, being able to freeze your funds etc. Also I'm not sure how they would tackle reversing any fraud given that bitcoin is amazingly irreversible.

If cryptocurrency is, for you, a way to get away from the abusive dominance of banks, why would you use such a service?


I fail to see what point you're trying to make here.

If you want to use a bitcoin bank you can. If you don't then you don't have to and can self custody.

You have the choice to do either. Which is not the case with electronic claims on fiat money, as they require a bank counterparty.


> I fail to see what point you're trying to make here.

Then try looking at the post I responded to?

Your responses to me seem kinda pointless here.

"Crypto is great because banks suck" "I'm ok with banks, therefore this isn't a need I have"

Then you come along and tell me crypto can maybe act like a bank. So what?


> "after taking refuge in the Ecuadorian Embassy in a bid to avoid extradition to Sweden to face rape charges in 2012."

Oh BBC, still with the smearing. Can't you at least pretend to be objective. Assange/Wikileaks have always maintained that he was taking refuge in the Ecuadorian Embassy to avoid extradition to the US for Wikileaks activities. i.e. exactly this thing that is happening right now.


Not taking the beeb at face value, but taking Assange's statements at face value suggests a similar lack of objectiveness.


You don't need to take his statements at face value. It was objective reality in 2012 that he was not facing "rape charges" in Sweden at the time.


And isn't that because Swedish law doesn't allow charges to be laid until after an interview occurs?


assange s statements were not false though. the beeb is lying here [there were no rape charges]


> it will probably have a bitcoin style valuation bubble

It's a stable coin so it can't have such a bubble. It's main utility will probably only be cross border p2p payments for countries that allow it.


That doesn’t feel like something that’s useful for messenger integration? Messenger integration implies to me local transactions for minor debts and splitting fares and what not.


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