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OpenNode – Bitcoin Payment Processor

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Re: OpenNode – Bitcoin Payment Processor

#131

Earlier quoted context omitted.

>but is irrelevant in practical terms It very much is not. If I use cash to commit a crime but then deposit it into a KYC bank account which is then used as a side channel to get me caught does not mean its the cashes fault. XMR privacy and anonymity can not protect you from going out of your way to convert it into inferior surveillance currency which then gets you busted. That's basic logic and should be a obvious t…

If they've attacked it via netflow analysis, then it doesn't matter to a criminal whether or not it's a problem in the protocol because how is a criminal supposed to use it if not on the internet? By "practical terms" I mean that a criminal sitting in prison isn't going to care whether the vulnerability that got them there was layer 7 or not. It doesn't fucking matter to them at that point. Everything on the internet…

>Everything on the internet is vulnerable to netflow traffic deanonymization

that is not how they get busted, monero literally has protections against that like ring signature and dandelion. They get busted by leaving xmr monero ecosystem to cash out to surveillance currencies like btc or tether on a KYC CEX.

Again, the anonymity of cash (which isn't that anonymous actually but thats another topic) is useless if you deposit them into a KYC ATM.

Re: OpenNode – Bitcoin Payment Processor

#132
post #64

Earlier quoted context omitted.

Until customers don't want to but because they are afraid they have no way to get their money back if anything goes wrong. (Chargeback exists for a reason, and the reason isn't to piss off businesses).

So you become.. Ebay and or Alibaba. People afraid to buy because they are likely to be ripped off. Sure lots of people stop buying there. But they seem to still be doing business every second of the day I assume.

> So you become.. Ebay

A former tech giant that has seen its dominance being swallowed by competitors and now cornered into numismatist and other collectible.

Sure it's a very profitable company for its inveators, but a friend of mine used to work there until recently and he used to describe it as a dead shell that merely lives out of rent-seeking on its legacy.

Good luck attracting investors if you have the same business plan today.

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