Mike on Nostr: Good question. I knew that was true with Liquid Tether, but primarily because they ...
Good question.
I knew that was true with Liquid Tether, but primarily because they couldn't identify wallet addresses due to encrypted transactions.
This wouldn't be the case with native Bitcoin Tether.
I wonder if they will be able to lock Bitcoin Tether wallets?
Perhaps not!
However the UTXO would be identifiable and could therefore be flagged as "bad", but that is the same as BTC used in crime, it doesn't stop it being sent peer to peer, but it may stop cash out from an exchange.
I knew that was true with Liquid Tether, but primarily because they couldn't identify wallet addresses due to encrypted transactions.
This wouldn't be the case with native Bitcoin Tether.
I wonder if they will be able to lock Bitcoin Tether wallets?
Perhaps not!
However the UTXO would be identifiable and could therefore be flagged as "bad", but that is the same as BTC used in crime, it doesn't stop it being sent peer to peer, but it may stop cash out from an exchange.