Traditional money as in cash? Mailing cash to someone on the other side of the w... | Hacker News

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		Jxl180 on March 29, 2022 \| parent \| context \| favorite \| on: $625M worth of ETH drained on Axie Infinity's Roni... Traditional money as in cash? Mailing cash to someone on the other side of the world is not ideal. Trusting PayPal or Stripe to not arbitrarily freeze your account because they think you’re making too much money too quickly is not ideal. Having to show ID to send or receive a money order is not ideal. That doesn’t mean I don’t condone the government prosecuting thieves who steal crypto.

Miner49er on March 29, 2022 [–]

> Trusting PayPal or Stripe to not arbitrarily freeze your account because they think you’re making too much money too quickly is not ideal. Having to show ID to send or receive a money order is not ideal.

These are all benefits from lack of authority.

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