SaberhagenTheNameless on Nostr: Ok, if that is the case then why do you keep crying about KYC CEXs? The true test and ...
Ok, if that is the case then why do you keep crying about KYC CEXs? The true test and only unstoppable metric is how your coin is doing on DEXs and p2p markets. Regulators can impose arbitrary requirement and cut-off any coin from a CEX at any moment they choose. Adoption there means jack shit for permissionless money.
Using Monero, Bitcoin, or any coin on a CEX is the same level of surveillance. It's not unique to Monero.
If we are talking p2p use - using Monero OFF OF AN EXCHANGE is a world of difference for privacy and anoymity vs Bitcoin or just about any other coin.
You must not know how encryption works. No amounts or addresses visible on chain. I'll give you an xmr address to look up and prove me wrong right now if you want.
Published at
2024-04-17 18:54:57Event JSON
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"content": "Ok, if that is the case then why do you keep crying about KYC CEXs? The true test and only unstoppable metric is how your coin is doing on DEXs and p2p markets. Regulators can impose arbitrary requirement and cut-off any coin from a CEX at any moment they choose. Adoption there means jack shit for permissionless money.\n\nUsing Monero, Bitcoin, or any coin on a CEX is the same level of surveillance. It's not unique to Monero. \n\nIf we are talking p2p use - using Monero OFF OF AN EXCHANGE is a world of difference for privacy and anoymity vs Bitcoin or just about any other coin. \n\nYou must not know how encryption works. No amounts or addresses visible on chain. I'll give you an xmr address to look up and prove me wrong right now if you want.",
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