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mothballedyesterday at 10:33 PM9 repliesview on HN

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matheusmoreirayesterday at 11:28 PM

> regulatory and political challenges

Not bending down to the financial arm of warrantless global mass surveillance is a feature, not a bug.

> being tradeable on central exchanges

Central exchanges are banks in disguise. They should not exist.

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Cider9986yesterday at 11:16 PM

Cash would "fail horribly at meeting the regulatory and political challenges challenges today". And some countries are trying to make it harder to use.

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Cider9986yesterday at 10:53 PM

For business acceptance, I see how it would be hard if it is impossible to use on a CEX. I think that Haveno/RetoSwap will eventually become the preferred and more convenient Fiat-->Monero method instead of CEXs for the avg user.

Overall though I would even prefer to use a stable than a bank or fiat p2p app to send money.

>They've failed horribly at meeting the regulatory and political challenges of being tradeable on central exchanges and as a result has met weak acceptance from crypto-friendly legal vendors making it harder to use as actual digital cash.

Despite this, everywhere it is accepted, it becomes the largest marketshare crypto payment method, excluding whales.

loloquwowndueoyesterday at 11:05 PM

Pardon, the “autistic” point of view?

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GolfPopperyesterday at 11:38 PM

I had not paid any attention to Monero amid the storm of cryptocurrencies and related scams, but thanks to your recommendation here, I will be checking it outmn

hypeateiyesterday at 11:09 PM

> of being tradeable on central exchanges

That's a good signal that the privacy guarantees are real, no? It's no secret that the main use-case for crypto is skirting the legal system; I'm not sure I understand this desire to make it anything bigger than that. For example, it's extremely hard to Be Your Own Bank because one mistake means you've just lost all your funds whether it's from a scam, malware, or losing your wallet seed phrase. Large amounts of people "being their own bank" by putting their life savings into crypto would be a disaster.

Acrobatic_Roadyesterday at 11:01 PM

What are they supposed to do? How can they make governments happy without sacrificing privacy?

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s5300today at 2:42 AM

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