if it wasn’t so hard to buy or pay with it tho, that’d be great.
I think this makes it a funny thing about libertarian ideals. The way people interact with it is ultimately in centralized and KYC compliant exchanges. As far as I know its not illegal to not use them, but people do for simplicity. Microcosm of the idea that market winners entrench to promote their version at the detriment of the markets freedom.
Unfortunately, Know Your Customer has done a lot of damage to privacy, but there’s still a lot of exchanges where you can get Monroe with Bitcoin without Know Your Customer. And since Monroe is actually truly anonymous, you have a truly anonymous currency at that point.
And the Monroe developers are working on making atomic exchanges work better, which are peer-to-peer trading of coins with low overhead and fees because it’s direct. No middleman.
I think this makes it a funny thing about libertarian ideals. The way people interact with it is ultimately in centralized and KYC compliant exchanges. As far as I know its not illegal to not use them, but people do for simplicity. Microcosm of the idea that market winners entrench to promote their version at the detriment of the markets freedom.
Unfortunately, Know Your Customer has done a lot of damage to privacy, but there’s still a lot of exchanges where you can get Monroe with Bitcoin without Know Your Customer. And since Monroe is actually truly anonymous, you have a truly anonymous currency at that point.
And the Monroe developers are working on making atomic exchanges work better, which are peer-to-peer trading of coins with low overhead and fees because it’s direct. No middleman.
It’s called monero btw