Re: [XMR] Monero - A secure, private, untraceable cryptocurrency
What about other EU countries, will XMR still be available on kraken?
It's already gone in Spain, UK, and some other countries.
It's not gone, it's just not listed
It is still being used at large as it cannot be banned.
In order to actually ban Monero you would need to:
- Ban all the other coins on CEX that are interchangeable with Monero on DEX, including Bitcoin.
- Close possibility of making and receiving wire transfers in FIAT banks as there is no way to know if it's not being used to pay for XMR on DEX.
- Ban physical cash to prevent "cash by mail" payment for XMR on DEX or other P2P exchanges like in person.
And.... Monero would only get stronger because now XMR would be used without exchanging to FIAT (circular economy).
So the only way would be to close the Internet and I'm not that sure about it either as other dark networks would emerge.
Government trying to "regulate" AKA control it, is pathetic
