4
The Paradox of Monero. 101 Podcast
(podcast.simplifiedprivacy.com)
How to get it safely? KYC vs peer-to-peer markets?
Very likely you know most of the content in this podcast, however, you may find it interesting to hear about the "Paradox of Monero"
What if I told you that by making restrictions, it actually cripples the ability to regulate it by under their own legal systems? This section is at 6 minutes in,
Web: https://podcast.simplifiedprivacy.com/monero/index.html
RSS: https://podcast.simplifiedprivacy.com/index.xml
Shownotes: https://primal.net/e/nevent1qqs9sn80yju9jt9gy9762w93xhc89kv7xgptcrpf3uljcrq2kcs93vcfvdu0q
Note: Keep in mind this podcast is directed to on-board new users on various social media.
I do not think they care about regulating it. What they do not want is for it to become widely adopted. Removing it from all exchanges will effectively prevent mass adoption.
This is why Bitcoin Cash is the better way to go for mass adoption of crypto. It is on all exchanges and you can get close to Monero level privacy with it using CashFusion via ToR.
It also scales much better than Monero as the stress tests (https://monero.town/post/3601453) have shown Monero fails at around 500k TX per day. The nodes just cannot handle it and this is likely an architectural shortcoming with no easy solution. BCH has been tested up to 10 million with no issues and can likely do much more.
I have nothing against Bitcoin Cash, but wouldn't you agree that the reason mixing BCH with cash fusion is not flagged by KYC exchanges is because it's not widely used? If it became widely used, then it would be flagged and restricted like Bitcoin Mixing.. or Monero
Yes, I do agree that once it become popular they will most likely start flagging it. Hopefully by then we will have smart contract level schemes that can break links between coins without detection. I still use Monero but recently have realized it cannot gain world level adoption due to many factors.
Things like this are the future of blockchain privacy
EIP-7503: Zero-knowledge Wormholes for Private Ethereum Transactions
https://research.2077.xyz/eip-7503-zero-knowledge-wormholes-for-private-ethereum-transactions#introduction
and will also be possible on Bitcoin Cash as ETH or any other EVM style chain cannot serve as a world level currency
What is the BCH VELMA Upgrade? (VM Limits 2025) - https://odysee.com/@CashDragon:6/What-is-the-BCH-VELMA-Upgrade:b