cash benefits money launderers as well. What kind of argument is this even? I guess the government should just be able to track all your transactions all the time? Reminder that the government that is in power at the time in a given country decides what is and isn’t “illegal”.
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LWD@lemm.ee 3 days agoPotentially helpful extra context that makes me extra suspicious when somebody evangelizes it all the time
Monero users can and have been deanonymized by the police. Monero also acts as a de-facto tumbler, meaning by using it, you’re money laundering for criminals as a matter of course.
CedarA64@lemm.ee 3 days ago
LWD@lemm.ee 3 days ago
We all have different priorities, I guess. You might be okay with aiding American money launderers, but draw the line at anything that might have touched Israel.
(PS: It didn’t. Matrixis several degrees of separation from anything Israeli, let alone any government, so you might want to edit that comment.)
CedarA64@lemm.ee 3 days ago
How does Monero particularly help American money launderers as opposed to money launderers in general? Also, very strange to go look through someone’s comment history so you can use that to make some unrelated remark…
LWD@lemm.ee 2 days ago
- To play to your interests: I’m sure Monero has been instrumental in plenty of direct, Israeli money laundering too.
- And if that’s not enough, cryptocurrency broadly is beloved by many venture capitalists and private equity ghouls. It doesn’t need evangelism, which only benefits its investors
Regarding Matrix: it’s like you’re applying the “One Drop” rule. To address misinfo in two places:
Amdocs was divested from Israeli private ownership since the 80s, funded by Bell, and headquartered in Missouri for decades before Matrix began development, Matrix’s team split off entirely a couple years later, and they’re in the UK: they’re a descendant of a diaspora company.
shortwavesurfer@lemmy.zip 3 days ago
The police want you to think they have managed to trace Monero, but what they have actually done is used other methods such as tracing the Bitcoin that people swapped for Monero and then back into Bitcoin almost immediately, or other such methods.