alt Hacker News+ "ZachXBT publicly criticised Circle for not freezing the stolen USDC during the bridge"
calling for this, when the whole concept is to avoid government control
+ "ZachXBT publicly criticised Circle for not freezing the stolen USDC during the bridge"
calling for this, when the whole concept is to avoid government control
Backed stablecoins aren't some anarchistic anti-government thing; they are highly regulated and will lose access to their banking if they don't follow the rules – rules which require them to freeze coins in cases of crime.
If you want to show a middle finger to government there are cryptocurrencies for that, but USD stablecoins with centralized backing is not it.