Kevin Karhan :verified:<p><span class="h-card" translate="no"><a href="https://universeodon.com/@cryptadamist" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>cryptadamist</span></a></span> <span class="h-card" translate="no"><a href="https://mastodon.social/@panigrc" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>panigrc</span></a></span> <span class="h-card" translate="no"><a href="https://pounced-on.me/@finalstaticfox" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>finalstaticfox</span></a></span> <span class="h-card" translate="no"><a href="https://mastodon.social/@dansup" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>dansup</span></a></span> </p><p>Obviously that's another evidence of why <em><a href="https://infosec.space/tags/KYC" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>KYC</span></a> IS THE ILLICIT ACTIVITY!</em>... </p><ul><li><p><a href="https://universeodon.com/@cryptadamist/114825088355068446" rel="nofollow noopener" target="_blank">That problem</a> doesn't exist with <a href="https://infosec.space/tags/Monero" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Monero</span></a> as one cannot determine <a href="https://infosec.space/tags/transactions" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>transactions</span></a>, <a href="https://infosec.space/tags/balances" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>balances</span></a> or link wallets by observing the <a href="https://infosec.space/tags/blockchain" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>blockchain</span></a>. Unlike with all those Shitcoins like <a href="https://infosec.space/tags/Bitcoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Bitcoin</span></a> or <a href="https://infosec.space/tags/Ethereum" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Ethereum</span></a>! </p></li><li><p>So even if I had a Monero Wallet and even if you knew the wallet address, you cannot see what's on it or what transactions go in and out. </p></li><li><p>It's even more secure than <a href="https://infosec.space/tags/SEPA" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SEPA</span></a> because thanks to <a href="https://infosec.space/tags/SWIFT" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SWIFT</span></a> & <a href="https://infosec.space/tags/FATCA" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FATCA</span></a> the <a href="https://infosec.space/tags/IRS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>IRS</span></a> and <a href="https://infosec.space/tags/TreasuryDept" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TreasuryDept</span></a>. have bulk access to these systems and can basically see account balances in real time (when it comes to <a href="https://infosec.space/tags/US" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>US</span></a> citizens! The rest they can approximate with bulk access to payment providers and intelligence).</p></li></ul><p>So yeah, blame lack of <a href="https://infosec.space/tags/privacy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>privacy</span></a>, <a href="https://infosec.space/tags/secrecy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>secrecy</span></a>, and <a href="https://infosec.space/tags/custody" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>custody</span></a> as well as <a href="https://infosec.space/tags/doxxing" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>doxxing</span></a> in the form of KYC under the <em>false pretense of <a href="https://infosec.space/tags/AML" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AML</span></a></em> for the rampant rise of <a href="https://infosec.space/tags/kidnappings" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>kidnappings</span></a> and armed robberies of <a href="https://infosec.space/tags/shitcoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>shitcoin</span></a> HODL'ers.</p><ul><li>Obviously I do condemn such acts of violence as a matter of principle.</li></ul><p>The fact that there are automated, idiot-proof tools like <a href="https://infosec.space/tags/chainalysis" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>chainalysis</span></a> that enable statistical tracking and linking of transactions for everything <em>except Monero</em> is the problem. </p><ul><li>Don't believe that such <em>"AML compliance"</em> tools are unique to the clients of said providers, because it's just connecting dots from public records. No warrant nor insiders nor MLAT needed.</li></ul><p>IOW: OFC I'd have to expect getting robbed by organized crime if I were to post evidence of me sleeping on genuine gold bars. </p><ul><li>That's what [bank] vaults are for! </li><li>Sadly shitcoin-fans seem to disregard basic <a href="https://infosec.space/tags/OpSec" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>OpSec</span></a>, <a href="https://infosec.space/tags/InfoSec" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>InfoSec</span></a>, <a href="https://infosec.space/tags/ComSec" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ComSec</span></a> & <a href="https://infosec.space/tags/ITsec" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ITsec</span></a> that even <a href="https://infosec.space/tags/TradFinance" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TradFinance</span></a> do execute.</li></ul>