It’s worth noting that this list may not be entirely current, and you may want to conduct further research to get the most accurate and up-to-date information.

  • LWD@lemm.eeEnglish
    51·
    2 days ago

    Lol Monero

    Potentially helpful extra context that makes me extra suspicious when somebody evangelizes it all the time

    Monero users can and have been deanonymized by the police. Monero also acts as a de-facto tumbler, meaning by using it, you’re money laundering for criminals as a matter of course.

    • CedarA64@lemm.eeEnglish
      3·
      2 days ago

      cash benefits money launderers as well. What kind of argument is this even? I guess the government should just be able to track all your transactions all the time? Reminder that the government that is in power at the time in a given country decides what is and isn’t “illegal”.

      • LWD@lemm.eeEnglish
        1·
        2 days ago

        We all have different priorities, I guess. You might be okay with aiding American money launderers, but draw the line at anything that might have touched Israel.

        (PS: It didn’t. Matrixis several degrees of separation from anything Israeli, let alone any government, so you might want to edit that comment.)

        • CedarA64@lemm.eeEnglish
          31·
          2 days ago

          How does Monero particularly help American money launderers as opposed to money launderers in general? Also, very strange to go look through someone’s comment history so you can use that to make some unrelated remark…

          I just did some quick research on Matrix and it is even worse than I thought LOL. It was literally developed by a company that was originally founded in Israel and suspected by two different non-allied governments of espionage for the Mossad. And that is just what I could find within a couple minutes on Wikipedia.

          • LWD@lemm.eeEnglish
            1·
            1 day ago
            • To play to your interests: I’m sure Monero has been instrumental in plenty of direct, Israeli money laundering too.
            • And if that’s not enough, cryptocurrency broadly is beloved by many venture capitalists and private equity ghouls. It doesn’t need evangelism, which only benefits its investors

            Regarding Matrix: it’s like you’re applying the “One Drop” rule. To address misinfo in two places:

            Amdocs was divested from Israeli private ownership since the 80s, funded by Bell, and headquartered in Missouri for decades before Matrix began development, Matrix’s team split off entirely a couple years later, and they’re in the UK: they’re a descendant of a diaspora company.

    • shortwavesurfer@lemmy.zipEnglish
      72·
      2 days ago

      The police want you to think they have managed to trace Monero, but what they have actually done is used other methods such as tracing the Bitcoin that people swapped for Monero and then back into Bitcoin almost immediately, or other such methods.

      One user accidentally uploaded their home directory, which tied them to other hacks that the police already knew about.