Stablecoins frequently get frozen by Tether and Circle for arbitrary reasons, as if an AI system is flagging
replyDAI exists and is not able to be frozen, but if the merchant's AI system flags a bitcoin transaction do you think you'll be able to cash that out? Just because they can't block it at the protocol level that doesn't mean they'll sign the transaction to send it to you.
replyTIL DAI cannot be frozen. Perhaps the first stablecoins I might be a little interested in.
replyThe merchant should send the funds (sweep the UTXO) back to you if the funds are flagged. So you should not be out of pocket.
Stablecoins can be censored. You deposited into Huobi 5 years ago? Banned. Now we keep your stablecoins, thanks for playing.
replyYou can't censor Bitcoin.
>You can't censor Bitcoin.
replyYour payment processor could be legally restricted from paying you your bitcoin.
That's an excellent reason to get rid of them and just make P2P cash payments
replyAs a Chinese person I can confirm. Monero is the way.
replyAlso BCH + CashFusion for extra privacy
reply