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The ability of criminals to capitalise also depends on the people being exploited, no? When the proverbial Nigerian Prince's legal fees are denominated in Mone
by jddj 7y ago
The ability of criminals to capitalise also depends on the people being exploited, no?
When the proverbial Nigerian Prince's legal fees are denominated in Monero there's a much higher barrier to entry for the average scammee. One could see this lowering significantly with the adoption of Libras.
Although to me it also seems possible that in the face of government KYC-style opposition, Facebook will use their Libra to advance their Real Name policy, bringing them one step closer to being the true 1:1 online representation of a person, essential for more and more services and tracked in higher and higher fidelity.