I’m always heartened to see another local news team start digging into asset forfeiture. Especially the ones that don’t sugarcoat the findings with headlines that read like they were cr…
  • BrikoX@lemmy.zipOPMEnglish
    1·
    9 months ago

    I don’t get this argument that lack of anonymity is a fatal flaw when various effective anonymizing solutions exist.

    It’s only not a flaw if people do take those extra steps. By default, it’s not anonymous and that is an important caveat.

    It’s an objective fact that cryptocurrency is massively more resistant to civil forfeiture than physical cash.

    As is a bank account if that’s the threat model. Everything is relative to a threat model you want to protect from.

    • chicken@lemmy.dbzer0.com
      2·
      9 months ago

      As is a bank account if that’s the threat model.

      I see this as being about control as much as threat model. Using a bank as a defense against civil forfeiture is exactly what these cops are calling people criminals for not doing.