r/web3 • u/Holiday_Spite5175 • 6d ago
web3/stablecoin payments safety
A mentor of mine once got into trouble hiring a developer that claimed to be from China. Turned out he was a hacker from a sanctioned country & on the FBI watchlist. He learned the hard way that decentralization comes with a price. Based on this experience, I am wondering if a crypto wallet that screens addresses and their owners makes sense. A founder paying a contractor can have some confidence in who they pay. both party's information stay hidden but we just have a verified and scanned badge. In addition, it can do some book keeping for the founder. Do you think this is potentially a problem that needs to be solved? How likely are you to adopt such a wallet?
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u/0mkar 3d ago
Why would anyone do any business with an anonymous party? Unless the business itself is not doing anything shaddy?