Just before New Year’s, Mozilla posted a tweet talking about how they’re going to accept cryptocurrency as a donation method, and a lot of people in the replies are very upset about it. Jamie Zawinski, a Mozilla founder, has also directly responded to it.
What’s your thoughts on this?
Wayback Machine link: https://web.archive.org/web/20220105052253/https://twitter.com/mozilla/status/1476951030638260225
Update: https://lemmy.ml/post/140209
Exchanges already block shuffled coins so that doesn’t work
Couple examples [1] [2] [3] [4]
Thank you for pointing out those examples, they provide some valuable insight.
The government is not going to want you to have privacy, and they will continuously push for KYC laws. The exchanges will choose to abide by regulations because of self-preservation. In those messages that you posted, the exchanges cite “risks” without specifying - the risk that they worry about is regulatory risk. They don’t want to be punished.
Once you have the crypto under your possession, you own it and you have control over it. You can take steps to make this private. Crypto deposited in an exchange is not under your possession.
These are not problems that show that crypto does not work. Quite the opposite. These are problems that showcase why we need to crypto! Adoption and development could allow us to stop relying on centralized exchanges.