Granted. It all depends on who your enemy is. If your enemy is the state, you might like Bitcoin better. If however your enemy is the thief, this system works better.
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Granted. It all depends on who your enemy is. If your enemy is the state, you might like Bitcoin better. If however your enemy is the thief, this system works better.
It's doubtful ECAF could gather all the necessary evidence together and rule in time to stop a thief.
If ECAF employed a practice of freezing accounts prior to making a ruling then that opens up a whole other can of worms.
...and so we loop back to the issues I raised in the above article.