Email insecurity (was One of the great benefits of Open Source)
Email insecurity (was One of the great benefits of Open Source)
Posted Nov 7, 2025 16:08 UTC (Fri) by farnz (subscriber, #17727)In reply to: Email insecurity (was One of the great benefits of Open Source) by paulj
Parent article: Debian to require Rust as of May 2026
No; there was charging done, but then fraud and other criminal activity meant that the money didn't actually transfer as intended, or the charges were undone by court order.
The "charges undone by court order" is impossible to avoid without making your payment system in breach of anti money laundering regulations, and therefore illegal to use at scale.
Posted Nov 10, 2025 11:51 UTC (Mon)
by paulj (subscriber, #341)
[Link] (1 responses)
I'm no legal expert, but the existence of (on-chain) irreversible distributed payment systems and businesses created around them and/or using them (including very large and some heavily regulated ones) shows your belief here can not be true. The on-chain transaction can not be reversed, once confirmed, but businesses can always refund - by choice or legal order - some payment.
AFAIK, the likes of the EU are not trying to ban irreversible distributed payment systems.
Posted Nov 10, 2025 12:07 UTC (Mon)
by farnz (subscriber, #17727)
[Link]
What is not legal is a setup where the money can neither be retrieved directly by the sender, nor can the recipient be identified for the purposes of having the court order apply to them, too. Otherwise, how do you prove (as required by Russian, Chinese, EU and USA sanctions laws) that you're not sending money to a sanctioned entity directly?
Email insecurity (was One of the great benefits of Open Source)
You don't need to change the ledger - it's entirely allowable to have the original transaction in the ledger, and a later transaction that reverses the full effect of that previous transaction.
Email insecurity (was One of the great benefits of Open Source)