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Monero is fully private/anonymous and cannot be tracked.
by Vadoff 9y ago
Monero is fully private/anonymous and cannot be tracked.
- user5994461 9y agoCan't be, it's illegal to handle financial transactions without knowing who your customers are. If they don't bother to do due diligence, they will be shutdown by the police soon enough.
- stale2002 9y agoMonero is a cyptocurrency. How will the police shut down Monero miners in Russia and China? How will the police shut down ALL of the Monero botnet miners? If you are already running a botnet, you aren't worried about the 'extra' illegality of the currency. If police could shut them all down then they would have already done so. Also, people are working on decentralized exchanges run through smart contract atomic swaps. It isn't really possible to shut down an exchange that nobody is running in the first place.... Unless you are arguing that the government is going to shut down all cyptocurrencies now and for forever?
- user5994461 9y agoRussia and china have a police too. Monero has zero value. The money is in the hands of the exchange who swap coins for real money. These ones have people running them and can be tracked and shutdown.