In our article on Monero on nov 28, we mentioned our OPINION that Bitcoin mixers were less legal than Monero due to the third party actor nature that in our subjective opinion of the law would be more likely to trigger US KYC laws or political authority. This hypothetical guess has become more than a guess as only 5 days later, BitcoinTalk official bans links to BTC mixers following heat from a US Treasury press conference, but they ALLOW Monero:
Official Source: https://bitcointalk.org/index.php?topic=5476162.0
Our original article: https://simplifiedprivacy.com/moneroflaws/
Today we ask, how many more of the predictions will come true?
These “fake monero” derivatives are used to dance around listing it. Remember, if crypto exchanges allow short sellers of Monero to sell something that none of them even own, this is called interest rate suppression. This has a history of only ending one way.
I say, pull it off the exchange. Bring the pain.
I would like to see #Monero invest in atomic swap trading. A couple of projects that could be leveraged are BlockNet and Komodo Wallet. Both are conducting noncustodial atomic swaps between wallets. Its the only way Xmr can be rid of cex.
Me too. I know atomic swaps are live with BTC and are being worked on with ETH. What is the status of other similar endeavors? Like maybe THOR chain was one? I admittedly haven’t been keeping up lately.