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Crypto for the win (Monero).
by Blue111 4y ago
Crypto for the win (Monero).
- Teandw 4y agoThis change would affect Monero too. If you buy Monero through any sort of company that is following the law, they will have to enforce this on their customers.
- Blue111 4y agoIdeally, you could afford to never have to convert your Moneros to cash.
- Teandw 4y agoWhat would be the point in having large amounts of valuable Monero if you could never use it properly? As in, if you tried to buy a house, you'd still need to go through money laundering checks. You'd always be limited to small value transactions if you never wanted to pass some sort of KYC/money laundering check at some point.
- Blue111 4y agoYou don't need money if everyone has Moneros (which is not money, according to the US gov...)... does KYC still apply if money isn't involved? I.E.: You got paid in Moneros, etc...
- deleted 4y ago[deleted]