Investigators traced the remittances an immigrant was sending from Hawaii to Mexico to figure out his location.
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A place to discuss privacy and freedom in the digital world.
Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.
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And this is why you need Monero.
For the money laundering and human trafficking that he specifically was not accused of?
Cryptocurrency is the enemy of privacy, and its use in this situation would increase the appearance of illegality, possibly opening up the accused to tax fraud allegations. Advocating for its use by people who can’t afford to lose thousands of dollars in a pyramid scheme is absurd.
Monero is the best friend to privacy. Although I would agree that most crypto is definitely the enemy of privacy, Monero is specifically built to be the friend of privacy.
Monero is still built on the blockchain. Using Monero for privacy is like playing casino blackjack as a monetary investment because the odds are better than the lottery.
Yes, it is built on a blockchain. It’s a blockchain specifically designed to completely hide the sender of a transaction, the recipient of said transaction, and the amount of that transaction. And cannot be even broken with quantum computing.
Edit: I should stand corrected. Parts of it are already quantum proof. Other parts can still be unraveled with a quantum computer, but there is work already in progress to fix that for future transactions.
Cryptocurrency whitepapers are the source of all truth.
Cryptography (math) papers, are, in fact, the source of all truth.
If you don’t like crypto it’s okay, but don’t spread undocumented fear.
Maybe that’s why there so little overlap between respected cryptography researchers and crypto developers?
If you like tipping sex workers online it’s okay, but don’t spread a documented scam.
Calling Monero a pyramid scheme is absurd.
Really? Bitcoin: Worse Than a Ponzi
That isn’t monero
The word “investors” is the problem here.
The word is crypto"currency". The goal would be to completely replace traditional currency.
Your job pays you in crypto, you pay your electric bill in crypto, you pay your mortgage in crypto, you pay your car payment in crypto, you save in crypto, you buy your Starbucks in crypto. You sell your old game system for crypto, etc.
When you completely give up on the traditional system and value your life in crypto, your life gets better.
Cringe AF. Please stop abusing the anarchist symbol.
No, I don’t think I will, because I’m not abusing it. I am a crypto anarchist.
I believe in rules without rulers and voluntary human association. Governments are illegitimate due to the use of force.
Anarchism and capitalism are mutually exclusive.
Okay buddy. Whatever you say.
Why bitcoin is worse than a Madoff-style Ponzi scheme by Robert McCauley
Bitcoin = Monero in your mind. They aren’t the same, not even close.
LOL. I understand they are very different entities.
One of the hilarious details I discovered while researching this is that according to the US Government Accountability Office report “Use of Online Marketplaces and Virtual Currencies in Drug and Human Trafficking” in 2022,
So whatever benefits Monero claims to have in protecting the privacy of illicit activities, the people who could face real time in jail don’t consider the benefits worth how extremely annoying it is to use.
Well, if Lord Robert McCauley says it, it must be true. I am truly humbled by your superior intellect and ability to determine a currency from a Ponzi scheme by citing essays that have nothing to do with Monero. Goodbye.
I think what you, and the people you believed, are making one wrong fundamental assumption (and I read it as your main point), which is “to evalute crypto currency one must compare it against fiat money”.
Are you actually this stupid or are you high.