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TheBitcoinManual | 10 months ago (raw) | export | reply | flag +5 
 Looks like the wildcat banks/shadow banks are starting to become more like bank banks, Tether has been black listing addresses and funds for sometime now when working together with authorities and now they're ramping it up with anew voluntary wallet-freezing policy  

Designed to comply with Sanctioned persons on the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List.

https://tether.to/en/tether-introduces-new-policy-to-strengthen-ecosystem-security/
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Bada₿it | 10 months ago (raw) | root | parent | reply | flag 
 The censorship we should be livid about.
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Bada₿it | 10 months ago (raw) | root | parent | reply | flag 
 100% true. I don't like though how (shitcoin) products close to Bitcoin are getting more and more compliant, even though it was always going to happen. It's important that we keep on repeating these risks.
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Bada₿it | 10 months ago (raw) | root | parent | reply | flag 
 💯

I indeed meant the stablecoin shitcoins. If stablecoins like USDC come to Bitcoin and are a big success, there is a risk for an attack on Bitcoin e.g. through a "compliance" fork. Less big than on ETH but still..