These laws will quickly be interpreted that a private citizen will not be allowed to buy a significant amount of xmr over a period of time.
Since no exchange will sell xmr, the best/only way to get xmr is by swapping Bitcoin for xmr in a p2p method. But agencies can recognize the target Bitcoin address as part of the swapping network. Using this they will bring charges against the buyer of xmr, since his Bitcoin wallet is attached to a KYC wallet.
Buying with cash will become near impossible with anti cash laws. Not to mention that people who will do the exchange can be prosecuted as unlicensed exchanges.
If you think that I am wrong, please tell me how can I exchange my fiat to xmr in an efficient, untraceable manner.
kpeace / Peace
npub1ka…0ttwe
2025-05-07 04:16:45
in reply to nevent1q…3xl6
Author Public Key
npub1kasmxhs5mln74klwkuttc3ae5tquwqaja6vz0j4yzkjw8d49pnrqm0ttweSeen on
wss://relay.damus.ioPublished at
2025-05-07 04:16:45Event JSON
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"content": "These laws will quickly be interpreted that a private citizen will not be allowed to buy a significant amount of xmr over a period of time.\n\nSince no exchange will sell xmr, the best/only way to get xmr is by swapping Bitcoin for xmr in a p2p method. But agencies can recognize the target Bitcoin address as part of the swapping network. Using this they will bring charges against the buyer of xmr, since his Bitcoin wallet is attached to a KYC wallet.\n\nBuying with cash will become near impossible with anti cash laws. Not to mention that people who will do the exchange can be prosecuted as unlicensed exchanges.\n\nIf you think that I am wrong, please tell me how can I exchange my fiat to xmr in an efficient, untraceable manner.",
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