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You Can Shut Down An Exchange But You Can't Shut Down A Blockchain by taskmaster4450

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hive-167922 · @taskmaster4450 ·
$58.58
You Can Shut Down An Exchange But You Can't Shut Down A Blockchain
<center>

[![](https://ipfs-3speak.b-cdn.net/ipfs/bafybeiev6pxzql4zpj2zhwq366iildgkxa7g3i6gxxnw4aoaeynz5xfebm/)](https://3speak.tv/watch?v=taskmaster4450/yoydcxoe)

▶️ [Watch on 3Speak](https://3speak.tv/watch?v=taskmaster4450/yoydcxoe)

</center>

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The US DOJ went after a Hong Kong exhange that was laundering money on behalf of the Russians.

In this video I discuss how exchanges are a weak point.  This is a case where the tenets of blockchain were moved and there is a point of vulnerability.

Here is the link to the video mentioned in the video:

https://blockworks.co/news/doj-busts-crypto-exchange

---

▶️ [3Speak](https://3speak.tv/watch?v=taskmaster4450/yoydcxoe)
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vote details (557)
@ebingo · 
Well said, the US  does this all the time...attacking the "relative enemy". I am not out here to say that Hong Kong is right, but what makes the DOJ right is that they simply said so...its such a weird stance.
👍  
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vote details (1)
@jfang003 ·
RE: You Can Shut Down An Exchange But You Can't Shut Down A Blockchain
The exchanges were always going to be targeted and I think their reasoning can probably be applied to most exchanges. I think they can make up whatever reason they want and use the data that they think works towards that. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-taskmaster4450-hbxhv)
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@jmdrake1968 · 
Yep!  I don't get why  people keep flocking to exchanges when decentralization is the point!
👍  
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@xplosive · 
There are decentralized exchanges too.
👍  
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vote details (1)
@mirroredspork · 
I  mean, you can, but you would have to annihilate the entirety of the internet and all sources of electricity. If that happens, we have worse problems to worry about.
👍  
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@poshtoken · (edited)
https://twitter.com/313732968/status/1615953002182987777
https://twitter.com/1415155663131402240/status/1615975410080296960
<sub> The rewards earned on this comment will go directly to the people( @tadesaurius2323, @rzc24-nftbbg ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.</sub>
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