> privacy is about blending into a crowd. Hard to do that if the crowd is small
Hard to do that if the crowd is all criminals lol. I often say BTC is only used for speculation and crime. At least the criminals in BTC can hide among the speculators. Zcash and Monero are literally only used by criminals and a handful of die hard ancaps. That gives you nowhere to hide.
It's the equivalent of trying to cash out El Chapo Bux. Simple possession is enough to pretty much guarantee anyone looking you've been involved in one crime or another.
The thing about the law is, as Lavrentiy Beria (Stalin's head of the secret police) said, "You bring me the man, I'll find you the crime." Once someone's looking at you, it's too late.
Except as privacy coins are delisted from exchanges more and more.
The ownership of the monero itself may be granted the presumption of innocence however if you have a bunch of El Chapo Bux they'll just start digging for other things.
Delistings are irrelevant and ineffective. Monero usage wouldnt be legally enough to start an investigation, by far most users really are just speculators
haha, of course it's enough to start an investigation. The police don't need probable cause to start an investigation. They need probable cause to obtain a warrant. Quite different. Remember, basically everything's a crime. The set of crimes in the US is actually uncountable (a few have tried). All you need to get convicted of something is to attract attention. I guarantee you've committed a handful of felonies today. [1]
Hard to do that if the crowd is all criminals lol. I often say BTC is only used for speculation and crime. At least the criminals in BTC can hide among the speculators. Zcash and Monero are literally only used by criminals and a handful of die hard ancaps. That gives you nowhere to hide.
It's the equivalent of trying to cash out El Chapo Bux. Simple possession is enough to pretty much guarantee anyone looking you've been involved in one crime or another.
The thing about the law is, as Lavrentiy Beria (Stalin's head of the secret police) said, "You bring me the man, I'll find you the crime." Once someone's looking at you, it's too late.