I can't find a way to have 100% financial privacy without breaking the law. For example, just making a payment is a taxable event requiring me to provide my financial information to the IRS. So in order to take advantage of monero I have to be a criminal. If I don't want to be a criminal, then I have no need to use monero.
When Personal Privacy is a crime, you have a moral duty to be a Criminal.
If you're going to follow all laws they create anyway (this is impossible even if you try) there is no point in using Bitcoin or Monero. Fiat is logically better in that case especially as time passes and more regulations choke out any potential benefit on permissioned markets.
https://github.com/libbitcoin/libbitcoin-system/wiki/Permissionless-Principle
https://github.com/libbitcoin/libbitcoin-system/wiki/Value-Proposition
My very existence becomes more criminal every day. If the crowd moves to monero, I will follow. All I know is they can't arrest us all.
The crowd is already moving to Monero.
Wouldn't the best way to measure this be the market price? I haven't seen the price in monero go up.
Price and transaction counts for sure. We in the Monero community think and have good reason to suspect that centralized exchanges are purposely manipulating the Monero price to keep it low in order to keep interest away from it. Very similar to how governments manipulate the price of gold to make their fiat seem stronger than it actually is.
I thought most people who own monero also self custody. Wouldn't that make exchanges have a hard time suppressing the price? The lower the price, the less fiat is needed to accumulate xmr and move them to cold storage.
Binance and OKX just have delisted after having Monero withdrawals closed for months/years.
There are still a few other (weaker) CEX trying to control the price through various mechanisms.
You can't comply your way out of tyranny.
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