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Cryptocurrency regulation is being discussed in the US, in the EU, in Russia. 50% millenials hold crypto in the US https://cointelegraph.com/news/low-millennia

• jacquesm 5y ago
  50% of millenials is not 50% of the voting public. And yes, regulation is being discussed, that's what this article is all about. For pretty good reasons, the whole idea that there would be a forever unregulated way to transfer vast sums of money instantly is a pipe dream at best.
  • miohtama 5y ago
    The article is about setting the reporting threshold to zero, not to some meaningful number that would prevent crime. What would be a comfortable purchase amount for you that you would like to have someone else to read your receipts? For the perspective, the FAFT recommendation is $1000.
    • jacquesm 5y ago
      That reporting threshold is a direct consequence of tricks like mixers and other anonymizers. It is a neat tech trick but it is also just another form of smurfing / structuring.
      • miohtama 5y ago
        Do you think there could better ways to automate smurfing detection that setting the reporting threshold to zero?