Quote from: Samarkand on September 27, 2018, 07:35:34 PM

@gentlemand delivering the goods as usual Cheesy

Thank you for sharing this Twitter thread.

Quote from: figmentofmyass on September 25, 2018, 08:23:20 PM

...
swap to XMR as needed, and avoid KYC.

Monero is obviously the most promising altcoin, but it is still experimental tech.
Just take a look at the critical bug that was patched a few days ago:
https://thenextweb.com/hardfork/2018/09/25/monero-burning-vulnerability/

Quote

A bug in the wallet software allowed a determined attacker to cause significant damage to organizations
present in the Monero ecosystem with minimal cost, declares the official statement. [] A determined attacker
could burn the funds of an organizations wallet whilst merely losing network transaction fees.

On an unrelated note the problem with avoiding KYC is very often that you end up
buying your first Bitcoins without worrying about privacy or fungibility at all. If you
discover the value of privacy and the extent of blockchain analysis down the road, it is often too late
and your coins are already tainted with a connection to your true identity.

Quote from: gentlemand on September 24, 2018, 10:20:14 PM

...
Some interesting reading about the stats of US government spending on blockchain analysis.
...

https://docs.google.com/spreadsheets/d/1IlH60Jd9tfKsttABORiZGhBlLz4L4pwSLX0jIYZWj2E/edit#gid=0

Why did the FBI receive money from Chainalysis (row #8 of the table)? In all other
deals the money was flowing from the government agency to an analytics company, which
is the direction that makes more sense.

Of course US Federal government will intervene crypto currency is a bigger market in the world and of course what they afraid if it will be used to as the medium of transit money to finance terrorism, and aside from that they wan't crypto currency to be legalized to have full control.