Replies (23)

Hanshan's avatar
Hanshan hanshan@nostr.land 2 weeks ago
I think it was 2024 I'm sure they don't accept Monero anymore but maybe they take lightning? I'm sure there's no actual consistency to their policy. they just have a checklist that their compliance lawyers came up with.
1 replies ↓
YODL's avatar
YODL yodl@nostr.land 2 weeks ago
Thanks for info. Woulda been inconsistent if they accepted monero, that's why I asked. But as you point out, it's probably drafted policy by idiots, and they do accept LN which I've seen you advocate as quite private of used correctly 🤭
Ike's avatar
Ike ike@plebchain.club 2 weeks ago
so monero's fungibility doesn't help either when dealing with gov controlled biz? almost as if this tech was never meant to be used like this
1 replies ↓
Default avatar
npub1ah3a...l76e 2 weeks ago
Travala did a lot of volume with Monero after advertising it for years in the Monero community. After Binnace aquired it, it was one way to make OGs sell coins and keep a constant flow of Monero to counter Binance fractional reserve scheme. If you think about it - it was genius. Then Binance delisted Monero and Travala delisted the same day. Huge red flag. Ever since Travala is a pita to use. Many times they block accounts for weeks if a tx hits their risk score.
2 replies ↓
YODL's avatar
YODL yodl@nostr.land 2 weeks ago
Interesting theory. Consistent with what hanshan was saying. Something about holding monero on exchange even sadder than BTC on exchange.
YODL's avatar
YODL yodl@nostr.land 2 weeks ago
Seems I confused mention of delisting and maybe a separate mention of binance. Seems they're still owned by founders according to search
1 replies ↓
Default avatar
npub1ah3a...l76e 2 weeks ago
Binance aquired a few infrastructure companies like CMC. They also run and ran many of the instant swap CEX. After having had a closer look, the Binance offer for Travala didn't go through. So more correct would be Travala being a Binance front with close cooperation and indirect ties. Maybe one can find something if looking closer. WazirX was/is also a Binance owned/connected CEX but claims around ownership were always conflicting. It seems that Binance prefers to pull strings from behind.
Daedalus's avatar
Daedalus _@daedalus.website 2 weeks ago
Coinjoin is increasingly treated as tainted coins by default. They are making a hard divide between Bitcoin privacy and full KYC transparency. If you're not transparent, you will not partake in the Bitcoin economy. What a terrible fate for such a revolutionary project.
1 replies ↓
Papa Figos's avatar
Papa Figos papafigos@nostrcheck.me 2 weeks ago
Of course it's treated as tainted, in a transparent system any attempts to get some privacy or anonymity are seen as suspicious. Bitcoin is a total financial surveillance project on the base chain, few understand this, and even fewer are ready to begin to understand it. This is why every non-maxi OG (which is most of them) I know uses #monero Haters will say it's shitcoining, people who really care about p2p digital cash understand you can't have that without privacy.
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