The SEC are currently suing the two largest exchanges. Name a legitimate exchange.
Monero provides real privacy (for now) so the govt is desperate to convince you not to use it.
That’s not going to work lol, why do you think “legitimate” exchanges refuse to touch monero at all?
Discussion
Probably because they’ve been involved in fraudulent practices for a while now. I’ve been warning about this for some time lol.
Anyway, government isn’t going to allow a currency that allows obfuscation of the source of funds or money laundering. It’s just that simple.
Yep, govt is also anti 3d printed ghost guns and a lot of other things...
I’m not saying I agree with it, I’m just telling you the reality. Government isn’t going away any time soon.
I agree. My point is that if you are involving yourself in anything that is a legal grey area you should treat it as completely illegal and either a) avoid it altogether or b) obfuscate what you're doing as much as possible. Cryptocurrency is a legal grey area as anyone who has tried to get a straight answer out of the SEC will confirm.
If government approval is required for your crypto to exist it is not crypto.
If government approval is required for your crypto to exist it is not crypto.