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0 pointsgigatexal7mo ago0 comments

> If your money replacement involves dismanteling the little protection we have against money laundering and banking AlQueda (amonst others). I'm going to put you in the "Bad Blockchain" bucket. I am sure you can make a more efficient banking system if you don't do any checks at all. That's not an interesting observation.

Yup. Most crypto maximalists are unknowingly (knowingly?) aligned with terrorists and other criminals looking for anonymity online skirting existing banking rules.

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OutOfHere7mo ago

That's complete nonsense, although they do reasonably believe that money transmission is a fundamental human right. In contrast, bad people like you would charge them for oxygen if they could.

gigatexalOP7mo ago

Crypto: monero, ICOs, stable coins, grift, extortion, Ponzi schemes.

I don’t want to charge people for money. I’m just leery of the I must be anonymous in everything crowd. I’m pro encryption, I’m also pro KYC and other anti money laundering programs — I do think the industry could be disrupted a bit though the exchange fees are egregious. Most of it is just going to profit margin and by activities that are just rent seeking.

OutOfHere7mo ago

You're leery because you've been privileged in that you have not been victimized or unfairly targeted for your actions. Money laundering is a fake/made-up liberty-stealing concept by corrupt people that want to enslave others and tell them what they cannot do. If you think that Monero and stablecoins are equivalent to the other things you named, you are not even very educated.

Are you aware of the Coinbase customer data leak that happened this year? It revealed cryptocurrency balances, names, and home addresses. It was a disaster for the customers who will now risk kidnappings and death threats from extortionists. This nightmare was a direct result of KYC. It would have been a non-issue without KYC in a stablecoin economy.

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0 pointsgigatexal7mo ago0 comments

Yup. Most crypto maximalists are unknowingly (knowingly?) aligned with terrorists and other criminals looking for anonymity online skirting existing banking rules.

0 comments

OutOfHere7mo ago

That's complete nonsense, although they do reasonably believe that money transmission is a fundamental human right. In contrast, bad people like you would charge them for oxygen if they could.

gigatexalOP7mo ago

Crypto: monero, ICOs, stable coins, grift, extortion, Ponzi schemes.

OutOfHere7mo ago

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