Quote from: beerlover on October 15, 2024, 05:39:52 AM

Quote from: Newfish2024 on October 12, 2024, 10:43:32 AM

T be honest i would not take it easy this let's say i have about 3000 USD in stablecoins and they will be just gone for sure i will find wich hand was stealing my funds and making the person counteble If legal ways works because how can we operate If no trust ?

Yes they can. Don't let anyone tell you otherwise because they can. If you take your money out of the system all together then maybe they can't be, but then they will be looked for anyway it will go back in, and then freeze. You might be not realizing how risky stablecoins are because these are coins which companies are printing out of thin air, and you need to realize how these are going to be very dangerous to hold.

It's the worst kind of centralization, a single person at the right place could take all your money, reverse whatever, or freeze your account, and you are not going to get your money back. This is why bitcoin is decentralized, because we are talking about something which will never be controlled by any person.

While some people think "oh if you stole the money or involved in terrorism" the reality is: "if the government wants your money". These centralized companies behind all these currencies have to follow the law, so if government decides you are a bad guy, then they can freeze your assets just like they do at banks as well. So assume you have USDC at Coinbase, and government seizes your assets, they just mail Coinbase and tell them to freeze your account ,and Coinbase will follow, as simple as that.

Do you think these countries are always fair? Like if we could have governments decide everything, they are always fair and great? Of course not, they are not, and they are sometimes doing shady stuff as well, so your money could be gone.