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Re:Tech experts urge Washington to resist crypto industry’s ... by ls15 on Wednesday June 01, 2022 @04:50PM (#31587891)
> Conventional banking combines a moderate level of privacy

Rather fake than moderate, I would say.

https://moguldom.com/351338/fact-check-do-jp-morgan-chase-we...

As long as banks can just pretend to protect my privacy, while they sell my data, I feel more comfortable about the type of privacy that cryptos like monero provide.

> Why shouldn't we ask that crypto be judged against this baseline?

Why shouldn't we ask for a reasonable baseline that really protects people's privacy and not just some corporate version of "privacy™"?

> effective measures against money laundering

Just yesterday, Deutsche Bank's HQ was searched over possible money laundering.

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