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Privacy tools will be used in ethical and non-ethical ways. I get that it is annoying that crypto facilitates cybercrime, but that is the cost of privacy for ev

Privacy tools will be used in ethical and non-ethical ways. I get that it is annoying that crypto facilitates cybercrime, but that is the cost of privacy for everyone. Everyone gets those rights, because there is no other way. I will say that Monero is vastly used for ethical purposes[1]. I guess encryption shouldn't exist because cybercriminals use it to communicate privately. Privacy is a human right, and payments are essential to modern life. Also, good luck on "crash and burn", Monero has been going steady, being the most freedom protecting crypto, for 12 years, celebrating its 12th birthday two days ago. [1] My emotional reaction to your comment, https://xmrbazaar.com/ https://xmrbazaar.com/, https://monerica.com/ https://monerica.com/

cyberax 7mo ago
> Privacy tools will be used in ethical and non-ethical ways. Monero is not a privacy tool. It's a criminal money laundering tool. So far, the *coin ecosystem has given us nothing _but_ negatives. It's kinda unique in that regard. > I guess encryption shouldn't exist because cybercriminals use it to communicate privately. Privacy is a human right, and payments are essential to modern life. Privacy is, money laundering isn't.
- oompydoompy74 7mo ago
  A tool should not be regulated based on what it can do. Regulating tools rather than the action or intention of a person or group is inherently backwards and wrong imo.
  - cyberax 7mo ago
    > A tool should not be regulated based on what it can do. They should be regulated on their primary purpose in practice and the damage that they cause. And Monero is unwilling or unable to police itself, even as it does damage that dwarfs pretty much any other computing technology. And not just nebulous "missed sale" damage, but very real damage that often results in dead people and ruined lives. > Regulating tools rather than the action or intention of a person or group is inherently backwards and wrong imo. We absolutely regulate tools that can inflict a disproportionate amount of damage. For example, I can't just buy high explosives even if I just want to do a cool video of me launching a manhole cover into the air. Or nuclear materials. Or surface-to-air missiles. Or....
- basilikum 7mo ago
  How is monero not a privacy tool?
Nursie 7mo ago
> I get that it is annoying that crypto facilitates cybercrime, but that is the cost of privacy for everyone. Who decided this, was 'everyone' consulted on what they'd rather have? Because it seems to me like cyber-criminals and a handful of idealists got what they wanted, and everyone else can suck it...
- junaru 7mo ago
  Who decided you can post this? Was 'everyone' consulted on what they'd rather you post? Because it seems like you and a handful of politicians posted ideas you wanted and everyone else can suck it... I hope you see the absurdity of your 'everyone' claim.
  - Nursie 7mo ago
    I see the absurdity of claiming that something (in this case absolute financial privacy) is for the benefit of everyone and worth the costs without taking into account whether the tradeoff does actually benefit everyone, or if the price is something that most people, let alone everyone, would be willing to pay. Because claiming cybercrime is a price that is worth it for everyone to have this privacy comes across a lot like Trump saying "Don't expect the US to fight your wars for you any more, you're welcome, ingrates" while waging an unnecessary war nobody else wanted.
    - Cider9986 7mo ago
      The vast, vast majority of "criminal" money goes through fiat banking, not crypto. Crypto makes privacy and freedom accessible to regular people.
      - Nursie 7mo ago
        Crypto makes cybercrime pay, without it collection would be almost impossible. The post I'm responding to argues that it is worth it. I disagree and think it's presumptuous to claim it has anything of a net benefit for society. The idea that it doesn't make whole categories of crime profitable and therefore attractive, or that the impact is negligible, is not really supportable in a world with rampant cryptolockers and other crypto-currency enabled extortion. Further, the appeal of this sort of financial privacy for non-criminal use is pretty limited. But you know all this, the alleged privacy benefits have been a talking point for many years now but in the end there's no real legit crypto use cases and still no real interest in crypto beyond crime and gambling.

cyberax 7mo ago

> Privacy tools will be used in ethical and non-ethical ways. Monero is not a privacy tool. It's a criminal money laundering tool. So far, the *coin ecosystem has given us nothing _but_ negatives. It's kinda unique in that regard. > I guess encryption shouldn't exist because cybercriminals use it to communicate privately. Privacy is a human right, and payments are essential to modern life. Privacy is, money laundering isn't.

oompydoompy74 7mo ago
A tool should not be regulated based on what it can do. Regulating tools rather than the action or intention of a person or group is inherently backwards and wrong imo.
- cyberax 7mo ago
  > A tool should not be regulated based on what it can do. They should be regulated on their primary purpose in practice and the damage that they cause. And Monero is unwilling or unable to police itself, even as it does damage that dwarfs pretty much any other computing technology. And not just nebulous "missed sale" damage, but very real damage that often results in dead people and ruined lives. > Regulating tools rather than the action or intention of a person or group is inherently backwards and wrong imo. We absolutely regulate tools that can inflict a disproportionate amount of damage. For example, I can't just buy high explosives even if I just want to do a cool video of me launching a manhole cover into the air. Or nuclear materials. Or surface-to-air missiles. Or....
basilikum 7mo ago
How is monero not a privacy tool?

Nursie 7mo ago

> I get that it is annoying that crypto facilitates cybercrime, but that is the cost of privacy for everyone. Who decided this, was 'everyone' consulted on what they'd rather have? Because it seems to me like cyber-criminals and a handful of idealists got what they wanted, and everyone else can suck it...

junaru 7mo ago
Who decided you can post this? Was 'everyone' consulted on what they'd rather you post? Because it seems like you and a handful of politicians posted ideas you wanted and everyone else can suck it... I hope you see the absurdity of your 'everyone' claim.
- Nursie 7mo ago
  I see the absurdity of claiming that something (in this case absolute financial privacy) is for the benefit of everyone and worth the costs without taking into account whether the tradeoff does actually benefit everyone, or if the price is something that most people, let alone everyone, would be willing to pay. Because claiming cybercrime is a price that is worth it for everyone to have this privacy comes across a lot like Trump saying "Don't expect the US to fight your wars for you any more, you're welcome, ingrates" while waging an unnecessary war nobody else wanted.
  - Cider9986 7mo ago
    The vast, vast majority of "criminal" money goes through fiat banking, not crypto. Crypto makes privacy and freedom accessible to regular people.
    - Nursie 7mo ago
      Crypto makes cybercrime pay, without it collection would be almost impossible. The post I'm responding to argues that it is worth it. I disagree and think it's presumptuous to claim it has anything of a net benefit for society. The idea that it doesn't make whole categories of crime profitable and therefore attractive, or that the impact is negligible, is not really supportable in a world with rampant cryptolockers and other crypto-currency enabled extortion. Further, the appeal of this sort of financial privacy for non-criminal use is pretty limited. But you know all this, the alleged privacy benefits have been a talking point for many years now but in the end there's no real legit crypto use cases and still no real interest in crypto beyond crime and gambling.