@cryptadamist @panigrc @finalstaticfox @dansup

Obviously that's another evidence of why #KYC IS THE ILLICIT ACTIVITY!...

• That problem doesn't exist with #Monero as one cannot determine #transactions, #balances or link wallets by observing the #blockchain. Unlike with all those Shitcoins like #Bitcoin or #Ethereum!

• 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.

• It's even more secure than #SEPA because thanks to #SWIFT & #FATCA the #IRS and #TreasuryDept. have bulk access to these systems and can basically see account balances in real time (when it comes to #US citizens! The rest they can approximate with bulk access to payment providers and intelligence).

So yeah, blame lack of #privacy, #secrecy, and #custody as well as #doxxing in the form of KYC under the false pretense of #AML for the rampant rise of #kidnappings and armed robberies of #shitcoin HODL'ers.

• Obviously I do condemn such acts of violence as a matter of principle.

The fact that there are automated, idiot-proof tools like #chainalysis that enable statistical tracking and linking of transactions for everything except Monero is the problem.

• Don't believe that such "AML compliance" 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.

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.

• That's what [bank] vaults are for!
• Sadly shitcoin-fans seem to disregard basic #OpSec, #InfoSec, #ComSec & #ITsec that even #TradFinance do execute.