this post was submitted on 21 Mar 2024
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Privacy
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I'm all for privacy and I'd use Monero all the time, but this kind of regulations heavily damaged the mafia so tbh let's go for it. I'm not gonna spend 3k per transaction regardless
Lol, what a shill. I guess that's because the mafia follows rules?
If banks and shops don't accept and give paper money to randoms, bad people have a more difficult life.
It is not only bombs and guns, it's an intricated system of black market, black job that Redditors from other countries have no idea about 👍
Enjoy your distopia and thank you for enlightening me of how money laundering, black market and kyc works. Keep parroting "security" and "for the kids" though ;)
Man I am on your side. I love privacy and security. I can't stand "for the kids" rhetoric. I wouldn't be using Lemmy otherwise. But The limit to 5k€ per transaction is really useful, has already damaged mafia, and prevents big chunks of money to go untraced, leaving room for privacy for regular people. In an ideal world I would be against such action, but I do believe this is the best thing to do when 10% of your GDP is produced illegally.
I also want to apologize for my previous message which could have been interpreted as passive aggressive, it was not intended as such.