In our cashless society, we need to take digital jail seriously

Re:In our cashless society, we need to take digital jail ser... by paypalthrowaway on Wednesday February 23, 2022 @05:45AM (#30439771)

I’ve heard a lot of reports of popular exchanges freezing accounts of customers who traded with other exchanges that don’t have strong KYC requirements. How am I supposed to exchange for Monero if Coinbase (and the state of New York) dislike it?

I’m not trying to be sarcastic. I genuinely don’t know what to do in order to use Monero.

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Re:In our cashless society, we need to take digital jail ser... by selestify on Wednesday February 23, 2022 @02:15PM (#30445038)

Where are these reports of popular exchanges freezing customer accounts? I'm also genuinely curious, because I've never heard of them, and a cursory Google search isn't turning up much.

As for exchanging for Monero, there's starting to be the option of atomic swaps with Bitcoin. Alternatively, you could also try going through one of the various non-KYC automated swapping services.

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Re:In our cashless society, we need to take digital jail ser... by selestify on Wednesday February 23, 2022 @06:03PM (#30447872)

Ahh -- it seems there are quite a few cases of what you mentioned here: https://sethforprivacy.com/posts/fungibility-graveyard/

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Re:In our cashless society, we need to take digital jail ser... by scld on Wednesday February 23, 2022 @06:12AM (#30439920)

Only use exchanges to put in cash or to do exchanges. If you're serious about crypto and want more than a few hundred dollars in there, you should get a ledger and move your money off of the exchanges (hardware wallet).

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Re:In our cashless society, we need to take digital jail ser... by zikduruqe on Wednesday February 23, 2022 @06:25AM (#30439979)

Or, you can make your own bitcoin by hand. https://estudiobitcoin.com/do-you-trust-your-seed-dont-gener...

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