papafigos on Nostr: Let's create black markets with fully traceable currency, what could go wrong? ...

Let's create black markets with fully traceable currency, what could go wrong?

quoting nevent1q…skt7

If we don't get a Bitcoin black market, all Bitcoin will be KYC, they are already doing it with the travel rule.

In the near future stores, both physical and online, will be required to report who has paid with Bitcoin, and who has paid with Bitcoin as it is not considered money will have to pay capital gains in addition to VAT.

If they find out you have a big pile of Bitcoin, they may not be able to take your Bitcoin but they can take your house or put you in jail.

This is why it is important to create a black market, if you can subsist outside the state you no longer need them, they are the ones who will have to lower themselves.

Alternatively, be congruent and realize: the free market has already decided.

What do all the darknet markets use these days?

The right tool for the job.

#monero