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This hasn't been the best week for WikiLeaks, to put it mildly. Coinbase has shut off the WikiLeaks Shop's account for allegedly violating the cryptocurrency exchange's terms of service. In other words, the leak site just lost its existing means of converting payments like bitcoin into conventional money. While Coinbase didn't give a specific reason (it declines to comment on specific accounts), it pointed to its legal requirement to honor "regulatory compliance mechanisms" under the US' Financial Crimes Enforcement Network.
This doesn't prevent WikiLeaks from accepting cryptocurrency, but it will have to scramble to find an alternative if it wants to continue taking digital money from customers buying shirts and coffee cups. Unsurprisingly, the organization is less than thrilled -- it's calling for a "global blockade" of Coinbase, claiming that the exchange is reacting to a "concealed influence."
Source: https://www.engadget.com/2018/04/21/wikileaks-loses-coinbase-account/
(Score: 2) by All Your Lawn Are Belong To Us on Tuesday April 24 2018, @05:12PM
Lol. Nice troll attempt. It would work better if you knew anything about me, but you don't.
Advancement never comes without cooperation. Cooperation never comes without structure. Structure never changes without adjustments, and those adjustments never occur unilaterally without disruption of some sort. And disruption isn't always good. It isn't always bad, either. But the system already exists and thus there is a built-in conservancy against disruption - disruption must prove itself.
You can have independence and change and growth and entrepreneurship. But not without realistic recognition of the way power currently is. Those who try to change it unilaterally usually find differently when the power structure exercises that power. And the world gets more crowded every year - the places in which a person can set off and establish their own independent power without bumping someone else's nose are shrinking.
So, since you have all the answers: How do you stop money laundering and the financing of terrorism in the cryptocurrency environment without proceeding as the governments have done to place the strictures they have? I await your response and predict some form of anarchy as a reply.
This sig for rent.