Comment by JumpCrisscross
17 days ago
No. But pretty much any American bank will let you wire to a new Chinese or Singaporean account that sweeps funds every evening to other jurisdiction.
17 days ago
No. But pretty much any American bank will let you wire to a new Chinese or Singaporean account that sweeps funds every evening to other jurisdiction.
Ok but then you are dealing with criminals willing to run up against those governments.
That’s not an incremental change in risk over a crypto transaction.
> but then you are dealing with criminals willing to run up against those governments
Sure...? If you get scammed you probably are. My point is immutable transactions aren't unique to crypto. They're just a lot more difficult to stumble into with real finance.