submitted 4 months ago by Scolding0513@sh.itjust.works to c/monero@monero.town

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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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[-] tusker@monero.town 6 points 4 months ago* (last edited 4 months ago)

The system actually likes data breaches because the criminal intel agencies can use all data then just blame the data breach if they get accused of something.