Damus
uncleJim21 · 2d
1. Coinjoins are absolutely not money laundering. Dumb take. 2. Monero is delisted in several jurisdictions for Kraken. You are completely reliant on the whims of a bureaucrat and it is a matter of ti...
weev profile picture
1. from the perspective of the financial compliance system, CoinJoins are money laundering (an overt act to conceal the source or destination of funds).

2. Yes, Kraken removes Monero from Europe and Japan, as regulators in those locales do not like it. Yet they still maintain it where it is legal, because it is not arguably money laundering.
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uncleJim21 · 2d
Bottom line is you will eventually be in the same boat as coinjoined bitcoin. Just because you can argue it's not overt does not protect you. You either need a massive sea change in the way privacy is viewed or you need a circular economy to spend in.