RE: Our Financial Transactions Should be Private

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Our Financial Transactions Should be Private

in crypto •  5 years ago 

Agreed that privacy in crypto is paramount. Also it is evident that more exchanges are demanding KYC /AML etc.

For instance, in Australia (one of the 5 eyes intelligence alliance) local based exchanges are now regulated which means subject to digital scrutiny and reporting to various authorities.

Interesting since Australian Government has a Bill before Parliament to outlaw cash transactions over $10,000 AUD; It is not clear how they intend to treat crypto transactions. NB: penalty $20,000 fine and / or imprisonment 2 years!!

A war on cash is a war on the people! Welcome to Orwell's 1984.

I acquired some PIVX probably 2 years ago but like many alt coins they have not achieved widespread adoption.

A potential competitor for Monero, Dash etc is a new kid on the block: Apollo - https://apollocurrency.com/en/

Apollo offers inter alia various privacy tools, fast transactions and soon its own decentralised exchange.

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I never heard of Apollo, thanks for that!