In our article on Monero on nov 28, we mentioned our OPINION that Bitcoin mixers were less legal than Monero due to the third party actor nature that in our subjective opinion of the law would be more likely to trigger US KYC laws or political authority. This hypothetical guess has become more than a guess as only 5 days later, BitcoinTalk official bans links to BTC mixers following heat from a US Treasury press conference, but they ALLOW Monero:
Official Source: https://bitcointalk.org/index.php?topic=5476162.0
Our original article: https://simplifiedprivacy.com/moneroflaws/
Today we ask, how many more of the predictions will come true?
These “fake monero” derivatives are used to dance around listing it. Remember, if crypto exchanges allow short sellers of Monero to sell something that none of them even own, this is called interest rate suppression. This has a history of only ending one way.
I say, pull it off the exchange. Bring the pain.
“less legal” 😆, typical state worshiping mind control victim non-sense talk
you can do whatever you wish with your money as long as it does not victimize others, Monero is just the best form of money to do that with
No victim, no crime.
True. What’s crazy is that the US Treasury in this particular press conference, still cited a WSJ article that even the source for that article has clarified that it’s not true: that Hamas used crypto to finance terrorism. In reality, Israel itself funded Hamas
Good perspective. There are a lot of attacks being lobbed at monero and anything that supports individual liberty and freedom of expression. They want to tarnish its reputation to keep the general public from seeing the freedom to control your own wealth and currency as evil, supportive of terrorism, a scam and so on.
In reality, the USD has and is being used to fund more terrorism around the globe than Monero by a factor of a number I couldn’t even guess at.
Yes I’m a Libertarian and I agree with you philosophically. This was meant in terms of prediction of government propaganda so citizens can properly prepare for their own personal situation
No worries, was not trying to criticize you. Was just pointing out how we have become conditioned to dance around so called “laws” of criminals.
Good conversation here. Keep it up. Loving this instance more all the time.
I would like to see #Monero invest in atomic swap trading. A couple of projects that could be leveraged are BlockNet and Komodo Wallet. Both are conducting noncustodial atomic swaps between wallets. Its the only way Xmr can be rid of cex.
Me too. I know atomic swaps are live with BTC and are being worked on with ETH. What is the status of other similar endeavors? Like maybe THOR chain was one? I admittedly haven’t been keeping up lately.
