papafigos on Nostr: Why not? If you accept the premise of a CEX, then buying a so-called privacy coin (is ...
Why not? If you accept the premise of a CEX, then buying a so-called privacy coin (is it a privacy coin or are the others surveillance coins? matter of perspective you see) is actually better, for when you withdraw the exchange cannot follow your steps in perpetuity, and when you deposit it, they cannot analyze your past transaction history.
That is how it should be. But because 99% of blockchains are transparent, mass financial surveillance has been normalized to an extent unimaginable just 20 years ago.
And so, it is no wonder #monero gets delisted everywhere.
They don't give a fuck whether you own the keys or not. They give a fuck about knowing precisely what you have, so it can be stol.. sorry, taxed, accordingly.
Monero doesn't fit the narrarive, in fact it completely upends it, which is all well and good, that is how money worked through all of human history (people exchanging it privately and very often anonymously).
And so they wall it off. This puts pressure on merchants not to accept it also, as now they won't be able to easily swap XMR for EUR .
This is our "democracy". Busybody burucrats who love to control everyone making laws about things society hasn't had a chance to understand yet - doesn't matter, they move in before anyone notices and remove an option that 500 million people didn't even realize they had.
That is how it should be. But because 99% of blockchains are transparent, mass financial surveillance has been normalized to an extent unimaginable just 20 years ago.
And so, it is no wonder #monero gets delisted everywhere.
They don't give a fuck whether you own the keys or not. They give a fuck about knowing precisely what you have, so it can be stol.. sorry, taxed, accordingly.
Monero doesn't fit the narrarive, in fact it completely upends it, which is all well and good, that is how money worked through all of human history (people exchanging it privately and very often anonymously).
And so they wall it off. This puts pressure on merchants not to accept it also, as now they won't be able to easily swap XMR for EUR .
This is our "democracy". Busybody burucrats who love to control everyone making laws about things society hasn't had a chance to understand yet - doesn't matter, they move in before anyone notices and remove an option that 500 million people didn't even realize they had.