logoalt Hacker News

andrewlayesterday at 4:08 PM1 replyview on HN

This is pure click bait that relies on a deliberate misreading of a 2023 notice [1] that tries to imply that "self custody" is being attacked in any form.

All that this is saying is that the government will try to track money movement to pursue criminal activity, including, unfortunately the criminal activity of moving money in a way that looks sketchy. This is something that we have decided we have to live with.

[1] https://www.federalregister.gov/documents/2023/10/23/2023-23...


Replies

crystal_revengeyesterday at 6:49 PM

It's not "pure click bait" for anyone that has followed along with the crypto community since the early days. This is basically an official stake in the heart for anyone that even loosely held on to the original ideals behind crypto.

Crypto is increasingly no different than traditional banking in anyways that are beneficial, and remains different in ways that can only be harmful to the individual (market manipulation, wild speculation, lack of institutional regulation) etc.

I don't know how anyway remotely interested in decentralized crytpocurrencies can see this as "click bait".

show 1 reply