this post was submitted on 10 Apr 2024
24 points (87.5% liked)
Monero
1662 readers
7 users here now
This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
Wallets
Android (Cake Wallet) / (Monero.com)
iOS (Cake Wallet) / (Monero.com)
Instance tags for discoverability:
Monero, XMR, crypto, cryptocurrency
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
how does cash or digital cash(XMR) prevent transactions? your question doesn't make much sense
it would be like asking a 20$ dollar bill to stop being transacted from someone sanctioned. A 20$ dollar bill itself cannot discriminate who is using it. You give that 20$ bill to someone and they don't know the history of that 20$ bill, you don't know who used it before and that's why everyone can take it, because this means they know they will be able to use it.
when something is fungible like cash or digital cash(XMR), law enforcement needs to find other ways to stop what they considered sanctioned nations or criminals or bad people or whatever.