KYC exchanges, are going to be worse than traditional bank accounts.

That’s madness. Asking people to prove where funds come from + their identity for finally freezing their savings like that.

The Monero community is getting immune from this with haveno & AtomicSwaps. SeraiDEX soon :)

    • shortwavesurfer@monero.town
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      5 months ago

      That was just a person on dread spreading fud. I saw another post later that did a breakdown of everything that was changed in the code and there was no problems.

    • chillband@monero.town
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      5 months ago

      No, stop FUD. This was a post by some crack head on Dread that doesn’t understand shit about Haveno-reto network.

    • tusker@monero.town
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      5 months ago

      The state is too incompetent and lazy for that. That is only on TV shows. In reality they just wait until someone snitches or moves $10 million then they swoop in claiming they were “investigating” all along…

    • IP2@monero.town
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      5 months ago

      Unless we’re talking different things here, my understanding was that a large enough entity could theoreticaly control a large number of haveno accounts and collect all the off-chain data. Not strictly a haveno issue.