In our article on Monero on nov 28, we mentioned our OPINION that Bitcoin mixers were less legal than Monero due to the third party actor nature that in our subjective opinion of the law would be more likely to trigger US KYC laws or political authority. This hypothetical guess has become more than a guess as only 5 days later, BitcoinTalk official bans links to BTC mixers following heat from a US Treasury press conference, but they ALLOW Monero:
Official Source: https://bitcointalk.org/index.php?topic=5476162.0
Our original article: https://simplifiedprivacy.com/moneroflaws/
Today we ask, how many more of the predictions will come true?
These “fake monero” derivatives are used to dance around listing it. Remember, if crypto exchanges allow short sellers of Monero to sell something that none of them even own, this is called interest rate suppression. This has a history of only ending one way.
I say, pull it off the exchange. Bring the pain.
True. What’s crazy is that the US Treasury in this particular press conference, still cited a WSJ article that even the source for that article has clarified that it’s not true: that Hamas used crypto to finance terrorism. In reality, Israel itself funded Hamas
Good perspective. There are a lot of attacks being lobbed at monero and anything that supports individual liberty and freedom of expression. They want to tarnish its reputation to keep the general public from seeing the freedom to control your own wealth and currency as evil, supportive of terrorism, a scam and so on.
In reality, the USD has and is being used to fund more terrorism around the globe than Monero by a factor of a number I couldn’t even guess at.