Five eyes governments like having the power to shut the finances of dissidents (... | Hacker News

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rabite 12 months ago | parent | context | favorite | on: All ¥500 coins that glitter are not gold

Five eyes governments like having the power to shut the finances of dissidents (see Canada seizing trucker bank accounts, FBI-partnered NGOs getting Trump supporters deplatformed from financial services). Any digital currencies created by governments will still have this same mode of failure by design.

juped 12 months ago [–]

more to the point, it's useful to be able to do it via soft pressure on private banks rather than hard power

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