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Replying to Avatar Lyn Alden

Privacy is normal and good.

There has been an effort among authorities to make “money laundering” and “financial privacy” the same thing. That is, the mere act of moving money privately itself becomes a crime. That’s not okay.

Money laundering is when money that is obtained through crime is concealed by obfuscating it with clean money. The actual crime is the initial non-financial crime (say, mob stuff), and historically money laundering involves manual activity to work with the criminals.

Now that open source tech can make certain transactions private, authorities increasingly equate all private money transfer with money laundering, even if the developer of the open source tech had no direct involvement with criminals. Authorities target them regardless, and sanction the technology itself. Financial privacy becomes synonymous with crime in their minds, and in the minds of the public.

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Fzero 1y ago

If privacy ever becomes illegal, I will be asking for free access to detailed financial audits of govnerments.

As they are so willing to follow our money, let's follow theirs and talk about what real money laundering is afterwards.

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rewolf 1y ago

No one will answer. They have all the power

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Damo 🇦🇺 Freedom-tech for the masses! 1y ago

This needs to happen sooner that later I think.

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