>But how do we stop it?
replyUse Monero as much as possible. If enough people adopted it, there's absolutely nothing they could do to stop it short of turning off the internet entirely. Even China, with the strictest internet controls in the world, hasn't managed to stop people paying for banned goods and services in crypto there.
How do you get or spend Monero without KYC? It's illegal to do so without reporting every transaction on your taxes. Maybe you can get away with it for small purchases, but with inflation the way it is, any meaningful purchase pushes you over a tax red flag line. Crypto is dead in the water legally speaking in the US.
replyI'm all for cryptocurrency as a way to fight both KYC and money-dilution, but it's still not user-friendly. Regular people need a way to clog the gears too.
reply