Global Feed Post Login
Replying to Avatar LiberLion

Coinjoin protocols will be eliminated by governments.

First they attack those who do not censor tx, and then they will ban them all.

Regulators do not want untraceable securities and monetary transactions.

The next step is KYC onchain for traceable L1s.

They need to create a credit system to impose CBDCs with no escape alternatives. CBDCs lose meaning and power without a system of control and surveillance with punishments.

The last battle for people's privacy will be untraceable L1s.

Avatar
m4dire0701 1y ago

At this point Monero is the only solution

Reply to this note

Please Login to reply.

Discussion

Avatar
Zarko 1y ago

suddenly privacy on L1 makes sense

Avatar
m4dire0701 1y ago

L2 solutions = band-aid solutions = shitty solutions

Thread collapsed
Avatar
shortwavesurfer2009 1y ago

It's made sense for quite a while, but people were either too naive or too optimistic to see it.

Thread collapsed
Thread collapsed