Haowang Guarantee was larger than the Silk Road, larger than Hydra, just the "largest illicit online marketplace to have ever operated", with $27 Billion of transactions since launching in 2021.

Source: Trade brains

Source: @MoneroMavrick

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[–] antidote@monero.town 2 points 2 weeks ago (5 children)

Privacy coins are never getting back on the good side of regulators, never.

That theory is indeed very dubious.

[–] Saki@monero.town 1 points 2 weeks ago (2 children)

Yeah, most probably. It's crazy, though: they're now saying that: privacy-by-default = bad, no-privacy = good. That's the EU for you?

[–] antidote@monero.town 1 points 2 weeks ago (1 children)

The EU has gone crazy. They are impotent, and less and less relevant on the world stage.

Nevertheless they just want to centralize everything and control everything. I would for sure start looking for a plan B if I were there.

I think they will be the first to have both digital ID and CBDC. Combine that with limited cash tolerance and they can start sanctioning their own citizens for wrongthink and herding them back in line.

[–] Saki@monero.town 2 points 1 week ago

I think they will be the first to have both digital ID and CBDC.

Or possibly Israel will be? Or China. Paying/Having cash may become illegal eventually.

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