That's why it's paramount for LEOs to go after people doing the bad deeds instead of simply banning a whole monetary ecosystem, just because it's easier to do.
If you ban a coin, instead of persuing the actual criminal, then you're both doing a disservice to honest users of the coin and leaving the bad actor to do harm to society in some other way.
There are only 8B people in the world - they all fit into a "box" of 2k by 2k by 2k of humans.
It really isn't that hard to know who's doing bad things to others, especially with current technology.
Unless it's Monero, the only currency to be declared illegal in most countries because it's too much like cash.
Monero is legal in most countries.
Like cash except you can use it at crazy scale, so worse than cash when crime is considered.
That's why it's paramount for LEOs to go after people doing the bad deeds instead of simply banning a whole monetary ecosystem, just because it's easier to do.
If you ban a coin, instead of persuing the actual criminal, then you're both doing a disservice to honest users of the coin and leaving the bad actor to do harm to society in some other way.
There are only 8B people in the world - they all fit into a "box" of 2k by 2k by 2k of humans.
It really isn't that hard to know who's doing bad things to others, especially with current technology.
2 replies →