It depends on what timescale you're looking at.
I don't use KYC'd exchanges, nor would I, so has never been an issue for me.
Coinjoins are as useful as the anonymity set. House/car sized payments ...
> House/car sized payments are totally fine,
You cannot show up places in the United States nations with 800k in cash to buy a house. Banks are told to immediately call the police and the cops will seize the cash. If you have a bunch of random wires from third parties going to your bank account, your bank will freeze your account. It is obviously not that simple, and huge swaths of the world are going to need access to an exchange. In the US this formula is simple. XMRUSD on Kraken. Kraken is fine with Monero in the United States because it’s not an overt act of money laundering, unlike many privacy “features” such as Tornado Cash, Coinjoins, and ZEC’s Orchard, which are a deliberate overt act to obscure the source or destination of funds. Kraken will kill your exchange account if you use those.
You cannot show up places in the United States nations with 800k in cash to buy a house. Banks are told to immediately call the police and the cops will seize the cash. If you have a bunch of random wires from third parties going to your bank account, your bank will freeze your account. It is obviously not that simple, and huge swaths of the world are going to need access to an exchange. In the US this formula is simple. XMRUSD on Kraken. Kraken is fine with Monero in the United States because it’s not an overt act of money laundering, unlike many privacy “features” such as Tornado Cash, Coinjoins, and ZEC’s Orchard, which are a deliberate overt act to obscure the source or destination of funds. Kraken will kill your exchange account if you use those.
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