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And then you mix in DeFi. Or into and out of L2/HTLCs. Or via atomic swaps, which went live but are buggy, and won’t show the monero interaction. Or cross-chain
by dogman144 3y ago
And then you mix in DeFi. Or into and out of L2/HTLCs. Or via atomic swaps, which went live but are buggy, and won’t show the monero interaction. Or cross-chain. And on and on. Let’s ban it all?
- rnk 3y agoYes, that's where I think financial regulators are heading. And anyone who thinks for one second of course sees that these are also problems with cash that drug cartels deal with by sending bales of $100 bills around. And so we added kyc and discourage cash. I don't think you can ban people doing crypto entirely, but you can make the financial exchange points where cash goes in and out ever more difficult.
- JumpCrisscross 3y ago> Let’s ban it all? It’s in the process of being grey listed. Similar to running an all-cash lifestyle, it’s possible. But you’ll have your money frozen and seized and stolen from time to time. And you will hit intentional roadblocks any time you attempt a major financial move.