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> This will not stop criminals, at all. Laws don't stop criminals at all, but we still have them and we still try to enforce them. > They will continue to use
by louwrentius 5y ago
> This will not stop criminals, at all.
Laws don't stop criminals at all, but we still have them and we still try to enforce them.
> They will continue to use privacy coins such as Monero
In the end you need an off-ramp where you convert Monero into actual currency and that's where you get fucked.
Frankly speaking, the $5 wrench XKCD comes to mind. There is no conspiracy here, except that we want to keep society functional and not be disrupted by tools that mostly cater to criminals.
- dotnet00 5y agoThis just rehashing the "if you've done nothing wrong you have nothing to hide" fallacy
- louwrentius 5y agoNone of the digital payments were anonymous, but still private. You don't need anonymity to have privacy. Before you downvote, really think about this for a moment. Because you'll realise that almost none of your payments are anonymous, unless you pay cash (while being recorded).
- dotnet00 5y agoI disagree, privacy without anonymity isn't really privacy at all, it's little more than trusting that the other party is going to be nice to you (which backfires extremely often, eg porn site or dating site payments are "private" until they mess up their security and everything is out in the open). "True" privacy requires anonymity and the fact that existing systems have been terrible on that end isn't much justification for banning systems that do have proper privacy.
- tarboreus 5y agoFirst, I do use cash..kind of weird to act like cash is an edge case. Second, how is your information private if an intermediary or intermediaries knows what you bought, when, and for how much? In some hypothetical world where PayPal, Mastercard, or Visa didn't immediately turn around a blab to everyone in sight what I just did, fine, but that's not remotely the world we live in.
- pooper 5y agoI like the ideas behind taler. » GNU Taler is an open protocol for an electronic payment system with a free software reference implementation. GNU Taler offers secure, fast and easy payment processing using well understood cryptographic techniques. GNU Taler allows customers to remain anonymous, while ensuring that merchants can be held accountable by governments. Hence, GNU Taler is compatible with anti-money-laundering (AML) and know-your-customer (KYC) regulation, as well as data protection regulation (such as GDPR). https://docs.taler.net/taler-merchant-api-tutorial.html https://docs.taler.net/taler-merchant-api-tutorial.html
- JPLeRouzic 5y agoIs there a Wordpress plugin?