*for now. Imo its worth paying a bit more to use it in a pure way. The only reason centralized exchanges have a better price is because they have more liquidity. So as decentralized exchanges get more of the liquidity, the prices will narrow due to seller competition

[–] [email protected] 1 points 5 months ago (1 children)

True this though. The future of monero is in DEXs. Monero will for sure get banned and be categorized as a tool for money laundering.

[–] [email protected] 1 points 5 months ago (1 children)

Governmyth hates it. Equals call it money laundering. Problem solved.

[–] [email protected] 4 points 5 months ago* (last edited 5 months ago)

DUDE rightt. I remember when the FBI seized the domain of z-library they listed “money laundering” as one of the reasons they took it down on the seized website 😂 like dude z-library gives out pirated ebooks.

I internally translate money laundering as “improper use of money”. They’ve made using money in ways they don’t like a crime, instead of actually stopping crime

[–] [email protected] 1 points 5 months ago (1 children)

This. All the CEX would know is “this guy bought monero and put it in a wallet (I make it a point to never reuse receive addresses). I have some plausible deniability of losing all my monero in a gambling accident or spending it all by never withdrawing it to one wallet, plus i get good prices

[–] [email protected] 2 points 5 months ago* (last edited 5 months ago)

Plus it justifies deposits in case I sell, they won’t be like « where does the crypto come from? »

But yea in an ideal world that shouldn’t be required and we shouldn’t be spied on