This article by Keven Hendricks, which attempts to link Monero to terrorism, is fundamentally flawed and misleading.
https://greydynamics.com/the-rise-of-monero-in-terrorist-financing/
👇🏻 Here is why
1. The assertion that Monero is predominantly used for terrorist financing is an exaggeration without substantial evidence. Terrorist groups have historically relied far more on fiat money systems.
2. Financial privacy is a fundamental right akin to free speech and personal liberty. Here is why:
- Protection from oppressive governments
- Defense against corporate surveillance
- Prevention of identity theft
- Economic freedom:
3. It is crucial to note that any financial system, including fiat money banking, Bitcoin etc. can be misused for illicit purposes. Singling out Monero is a scapegoat tactic that ignores the broader context of financial misuse.