this post was submitted on 11 Jun 2024

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Monero

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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

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Desktop (CLI, GUI)

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Android (Cake Wallet) / (Monero.com)

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iOS (Cake Wallet) / (Monero.com)

iOS (Stack Wallet)

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Monero, XMR, crypto, cryptocurrency

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PSA: when getting monero from a centralized exchange, ALWAYS withdraw your funds to your non-custodial wallet when you can (lemmy.dbzer0.com)

submitted 5 months ago by [email protected] to c/[email protected]

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Unless you enjoy holding paper monero, and letting centralized exchanges get away with fractional reserves, always withdraw your crypto!

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[–] [email protected] 0 points 5 months ago (1 children)

Governmyth hates it. Equals call it money laundering. Problem solved.

[–] [email protected] 0 points 5 months ago* (last edited 5 months ago)

DUDE rightt. I remember when the FBI seized the domain of z-library they listed “money laundering” as one of the reasons they took it down on the seized website 😂 like dude z-library gives out pirated ebooks.

I internally translate money laundering as “improper use of money”. They’ve made using money in ways they don’t like a crime, instead of actually stopping crime