No, no, no. That is not what crypto fans want. If they want cake, let them eat cake. If they don't want regulation, let them lose money in ponzis and frauds...
Then they wording of the post doesn't make sense. The monies were traceable before yet they were stolen. Card now being visible or not doesn't matter. Clueless thieves, just like previously, will still steal them.
I think he’s saying that in the original version to protect the card. It turned out that this protection wasn’t necessary.
I watched bank after bank after bank go under during the financial crises, and even AFTER the crisis it continued for quite some time as the fallout continued doing its numbers. I even watched the hedge funds go bust and multiple blow-ups... look them up for that time period, you will come across some very popular names (well, used to be popular when millennials were in their diapers). Poof...gone! And this was FIAT we are talking about... So don't go shaking your head at a very few crypto exchanges somehow thinking that the Fiat banking system is so much superior. I lived through it and watched the suicides happen daily. There is an old saying.. if you can't trust a bank, then who can you trust?
Remember when the London Metals Exchange shut down on the nickel spike I think, simply because the wrong people were making money? And then they even reversed transactions? That is essentially theft for the people who had profitable trades reversed.
I wonder... where was the out-rage... and what happened to the free-markets that day... Unless you're the 1%, don't fucking take the opposite side of the 1%. You either lose to their insider-trading, or the rare time you win by luck you STILL lose.