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Re:Why Monero by tifik on Tuesday September 14, 2021 @06:17AM (#28522561)
Exactly. Crypto largely removes the need for institutions, and with anonymous wallets it would be very difficult to link a specific person to one.

Edit: I am again talking about capital gains. Yes, the money has to come from somewhere, but you can break the traceability easily by using non-kyc means of getting crypto. E.g. bitcoin ATMs.

Re:Why Monero by lottin on Tuesday September 14, 2021 @07:38AM (#28523170)
A bitcoin ATM is an interface with an institution that is selling/dispensing dollars, so you're still dealing with an institution.
Re:Why Monero by SpaghettiCthulu on Tuesday September 14, 2021 @03:03PM (#28529383)
Yeah, but you don't need a bitcoin ATM. The grocery store could accept monero and there would be no need for fiat currency.
Re:Why Monero by lottin on Wednesday September 15, 2021 @05:50AM (#28537150)
Sure, and if pigs could fly, there would be no need for helicopters.