this post was submitted on 29 Jun 2024

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Monero

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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

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Crypto Under Seige (rekt.news)

submitted 1 month ago by [email protected] to c/[email protected]

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Talks about all the attacks on crypto freedom recently. Great overview and article.

"Their system demands KYC that subjects us to data breaches. 5 billion plus known records breached so far in over 2000 publicly disclosed incidents in 2024.

Crypto has seen its hacks and exploits, but legacy finance permitted $3.1 trillion in dirty money flows last year alone.

I thought they were supposed to be protecting us. Maybe we should just protect ourselves."

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[–] [email protected] 1 points 1 month ago

Their job is not to protect us so much as it is to protect our individual liberties, for which they've failed in every possible direction.