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Yeah, you have anonymous cryptocurrencies like monero or zcash. So I suppose you could accept payment in an anonymous cryptocurrency, and then take that to wha
by beeflet 1y ago
Yeah, you have anonymous cryptocurrencies like monero or zcash.
So I suppose you could accept payment in an anonymous cryptocurrency, and then take that to whatever exchange you want.
It's flawed, but I think the end goal is to create a "circular economy" based on anonymous currrency, so you never have to cash out.
- paulryanrogers 1y agoWon't that just push KYC onto merchants? People don't like it when crime pays (easily and well).
- beeflet 1y agoNot anymore than with cash.
- paulryanrogers 1y agoIsn't it more scalable than cash? Moving large amounts of cash is risky and hard to hide. It also offers the public a very easy to understand medium of exchange, which is why most consider it worth keeping despite its illicit use.