Can as example coinbase do the same?
> want a return to serfdom
From my point of view serfdom is the (block)chain. Only people with enough stake or those who pays are in control.
Can as example coinbase do the same?
> want a return to serfdom
From my point of view serfdom is the (block)chain. Only people with enough stake or those who pays are in control.
I disagree with this but even if one assumes this to be the case, I'd much rather prefer a monetary system subject to the control of free market forces rather than the modern monetary system which is subject to a small group of unelected and unaccountable technocrats operating under the feeble assumption of central bank independence and whose power is extended through coercion and not voluntary association.
Lots more examples in the article.
Also they regularly kick off sex workers [1]
[0] https://www.buzzfeednews.com/article/leticiamiranda/people-a...
[1] https://www.aclu.org/news/lgbtq-rights/paypal-and-venmo-are-...
If you think taking your wallet (the key) and running away with it is an option, then how is it better than using cash?
Cryptocurrency also solves the problem of charge-backs. Venmo and PayPal gives a sense of finality, but it actually takes days to transfer the funds. That's why there are so many paypal scams on craigslist
Charge-backs aren't there to purely annoy/scam sellers, you know.
> difficulty getting a payment provider
Because there are too many money laundering attempts via transactions in that industry. If you want to deal with the stuff Paypal/Venmo/etc doesn't want to deal with, go ahead.