Hacker News new | ask | show | jobs
by Teandw 1285 days ago
What would be the point in having large amounts of valuable Monero if you could never use it properly?

As in, if you tried to buy a house, you'd still need to go through money laundering checks. You'd always be limited to small value transactions if you never wanted to pass some sort of KYC/money laundering check at some point.

1 comments

You don't need money if everyone has Moneros (which is not money, according to the US gov...)... does KYC still apply if money isn't involved?

I.E.: You got paid in Moneros, etc...