Moneroās WHOLE POINT is money-laundering.
Criminal-rule NEEDS money-laundering.
Remember when Valve stopped accepting any blockchain transactions for money, because it was waaay too much crime people involved?
Is that evidence?
Not to you, but it is to those ( like Valve, or me ) whom you deem incompetent, right?
Money-laundering for criminal benefit ought be hard-illegal, both for big financial institutions, including Swiss banks, & for everybody else, too.
Including Monero.
Enabling criminal dominion isnāt justifiable.
& pretending that Northern Mexico, a criminality-ruled region isnāt the result of crossing the tipping-point from civil-society to criminality-ruled region, is ā¦ not merely morally irresponsible, it is morally reprehensible, in dishonesty.
Once criminality gains control, rooting it out has become unaffordably-costly.
Obviously, weāre on the opposite sides of this.
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PS: for people who donāt understand:
Using an Algorand-derivative for accounting-transactions, to make ācooking the booksā impossible, seems to me brilliant.
But baking money-laundering into currency, as Monero does, gives leverage to organized-crime, & thatās going the wrong way.
Bitcoin? itās essentially a pyramid-scheme, & the early-investors in it got super-rich as a result of that.
Algorand, the actual/official version?
even that was run as a pyramid-scheme.
Read āAttack of the 50 Foot Blockchainā & youāll get a good overview of the reality of blockchain currencies, without the hype.
I know of no-one whoās doing it with outright proper integrity.
Algorandās got the correct math, apparently, but ā¦ hasnāt ANYbody got the integrity to not run it as a pyramid scheme?
ALL of them work that way, from what Iāve seen!
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