Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Eventually interpol does their thing and most people stop participating in distributed organized crime when their plausible deniability loses plausibility.

And if you have to go to north korea to cash out, then the convenience is much lower.



Yeah, I can see both sides of this argument. We're certainly already in a situation where Monero in particular is very much persona non grata in a lot of countries and the only way to cash it out to fiat is P2P (which is risky).

Having said that, if you are a crypto proponent, you would argue that cashing out to fiat will become less and less necessary as time goes on and simply swapping to USDT/USDC and spending that will become easier. The jury is still out on that one




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: