[ViceCitySage]

Wish more people knew about Monero. It pretty much replaced Bitcoin on the dark web and other markets where private, anonymous transfers of money is essential. Every crypto on most KYC exchanges exposes every transaction on its public ledger. Monero and minuscule amount of other coins use cryptographic techniques to hide wallets and their history. Most other coins won't add this as they will be blacklisted like Monero. Monero has an added bonus of having good tokenomics (cough cough PirateChain). It is pretty much what most people think Bitcoin is without being a scam.

[TomSwirly]

So a coin deliberately designed to evade all government regulation - what the rest of us call "laws".

This seems highly negative for society. We already lose hundreds billions of dollars a year to tax evasion.

[ViceCitySage]

Crypto before going mainstream and investors getting involved was a middle finger to corrupt establishments that manipulate and steal the value of our money. Bitcoin was created and emerged as a reaction to the 2008 financial crisis and Central Banks like the Federal Reserve. Monero as a project is driven to go back to Bitcoin's original philosophy and improve on it. Also, not every law in the books is just and governments use plenty of our money for nefarious purposes.

[willmadden]

It's more complicated than you describe. You are assuming laws are not selectively enforced and state actors and their sponsors are benevolent. Neither is remotely true.

[alfnor]

I'd happily pay taxes for my nootropics.