This New Stablecoin Has a Backdoor for Freezing Funds Too

in #dlike • 5 years ago

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USD//Coin (USDC), a cryptocurrency recently released by crypto startup Circle, retains the right to blacklist addresses and freeze funds should they decide they are being used for illegal activities. The community is outraged and many are looking for stablecoin alternatives to USDC.


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#dlike-cryptocurrency #crypto #stablecoin #usd
5 years ago in #dlike by
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     5 years ago 

    I don't believe that you can have stable coin, there's always something "if.....than...." or here, if you freeze some funds, this will have the impact on price for shure...

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     5 years ago 

    LOL what a joke.  This completely goes against all that crypto stands for.  People are looking for backdoors to provide control.  This takes away from what the currencies are designed to do.

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     5 years ago 

    Backdoor.  Are you talking about dporn now?  LOL

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