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Yizahitoday at 1:23 PM1 replyview on HN

In practice all tokens including BTC are massively used for law evasion. Criminal don't need any fancy Monero for that, they only need to break the chain once, or maybe a few times an that is enough. That usually happens at the entry points, a criminal backe exchanges of any size will happily take your cash or digital money and exchange then for any tokens you like and vice versa. A politician then declares that his several BTC worth a few millions were "fairly mined" and nothing to see there. Or a corrupt government pays with tokens for some sanctioned wares. The whole Axis of Losers trade is propped up by mafia's USDT, which are used to trade between Axis countries and willing collaborators like India, to buy oil/rockets/chips/soldiers/anything, with central exchange in Dubai and other petrocratias.


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gskytoday at 3:19 PM

India banned crypto. It never even traded using crypto. By the way a country of billion plus should have freedom to do trade in whatever way they like

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