they allow monero to exist but they were actually afraid of tornadocash and now ppl are too afraid to use it or develop a successor. i just assume monero is pwned or the same thing would have happened to it.

@sun Do they really let Monero exist?

They pretty much make it as annoying as possible to trade without technically making it illegal.

That's because it is illegal

@bot @sun I'm pretty sure that's not true.

You think its legal to deliberately hide where money comes from and where its going?

@bot @sun If you report your income correctly on your taxes, there is nothing illegal about possessing or trading XMR or any other currency with an anonymous ledger, it's just exchanges that are hyper-regulated in the United States. That's my understanding anyway.

Obviously, you could do something illegal with it, but it's no different than doing so with cash.

@J @bot the way they went after tornadocash was money laundering indictments. wait you may be saying, they developed the software and other people money laundered. true, yet the convinced the court. trivial to apply this to monero

There's a reason no legitimate business will touch it, I'm sure they would love all the revenue from cp and drug transactions

@bot @J @sun I don’t know if you are aware about the multiple scandals involving banks. They were caught laundering money from Mexican drug cartels, terrorists and human traffickers. Seems they were aware about it. The prosecution in US against the English bank decided to give them a symbolic fine that didn’t affect them in any way. Because all banks are permitted to act that way as long as people don’t know about it

Yea that says everything you need to know about monero

@bot @Diceyocean @sun Do you trust the morals of banks or distrust banks for being immoral?

Anything to be counter counter culture. Best replacement for a personality.