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Author Topic: Worried about Moreno  (Read 381 times)
Pearls Before Swine
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September 05, 2022, 10:29:28 PM
 #41

I'd like to see what comes of any attempt to regulate or even ban privacy coins.  Maybe some people would be scared away if laws were passed, but good coins like XMR will still thrive by those whose passions are crypto and privacy, and they'll do so knowing there's not a damn thing any gov't can do to shut down XMR's blockchain.

I have no pretenses about having expertise in cyber surveillance, but from what I've heard of Monero it would be very hard if not impossible to trace transactions.  That's all worry about what might happen.  We'll see what actually happens.

Alternatives?  I wouldn't bother, honestly.  Look at coins like PIVX or Firo and you'll see that there's a much higher degree of centralization because of features XMR doesn't have, e.g. masternodes or staking, the existence of a DAO, etc.  I've listened to that guy Reuben talk about Firo as though he's the CEO of the coin.  Any time you have a coin where there's any voting involved, watch out.
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September 05, 2022, 10:52:27 PM
 #42

I think that no matter how hard the government wants to control cryptocurrencies they can't. It's just the owner of Monero who is too soft on the government, if he stays low profile and anonymous, surely the government will not be able to track and investigate him. I still believe that now and in the future cryptocurrency will not be controlled by the government.
I believe that government cannot have any control over cryptocurrency any government that is disturbing cryptocurrency the government cannot achieve anything from each the only thing they normally do is that they ban legalization of cryptocurrency in that particular country many countries stop or do anything contrary about it but in order to stop cryptocurrency worldwide is not possible
They cant really do something if we do speak on technical aspects and this is why they do really just go into the part on where they would be banning it out and make out some
strict and tight regulations into those platforms or businesses that do involved or attached with cryptocurrencies and we surely felt that since these platforms are the main places
on which people do make out conversions from crypto to fiat which means that whenever they do ask out for some kyc compliance then you would really be ending up on having
no choice but to deal with it but there are still some platforms which doesnt still have that kind of set-up.

Sethrey
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September 13, 2022, 08:49:03 AM
 #43

I'd like to see what comes of any attempt to regulate or even ban privacy coins.  Maybe some people would be scared away if laws were passed, but good coins like XMR will still thrive by those whose passions are crypto and privacy, and they'll do so knowing there's not a damn thing any gov't can do to shut down XMR's blockchain.

I have no pretenses about having expertise in cyber surveillance, but from what I've heard of Monero it would be very hard if not impossible to trace transactions.  That's all worry about what might happen.  We'll see what actually happens.

Alternatives?  I wouldn't bother, honestly.  Look at coins like PIVX or Firo and you'll see that there's a much higher degree of centralization because of features XMR doesn't have, e.g. masternodes or staking, the existence of a DAO, etc.  I've listened to that guy Reuben talk about Firo as though he's the CEO of the coin.  Any time you have a coin where there's any voting involved, watch out.
I have another exchange where you can buy Monero. This exchange cannot be banned or blocked. Moreover, no personal data is needed to use it. I'm talking about the Crypton Exchange https://crp.is/  from the Utopia p2p. This is NO KYC project. I think that says it all.
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September 13, 2022, 08:55:33 AM
 #44

Government cannot control the network and they knew it that is why they are pressuring centralized exchanges and other crypto-related comapanies to succumb to their demand
There is a great number of projects that allow at least to purchase cryptocurrencies.But what about anonymity? I mean NO KYC Crypton exchange https://crp.is/ from the Utopia p2p project .
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September 13, 2022, 09:11:54 AM
 #45

monero is a privacy coin. it should be different with mixing services but just in case it looks like we will have to switch from monero in the near future. if asked what's good other than monero in terms of privacy I don't think there is. The only coin that has become an iconic privacy coin is Monero.
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September 13, 2022, 09:55:34 AM
 #46

Monero had strong base like the Litecoin,So it was expected to be the next Litecoin.Most of the people holding Monero more than 2 years.When the market of bitcoin back to the normal price,surely their will some good rise in the price of Monero.It was expected to have some good value on Monero in upcoming year of 2023.Cashing out of Monero during the dump is not a good move for now.

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