Mofo says he got legit inside sources that say

Move it to Monero is step 1.

Step 2 will be utilize the dozens and dozens of avenues for shifting that back into the KYC world when you’re ready to cash out.

>sell
if you earn ETH from staking ETH2.0 or Kleros, you never need to sell as long as you know people who will accept ETH OTC.

France is already going full KYC anal probe town. If not this administration then the next will eventually get it done. It's the future.

lol, but binance already have KYC

fucking fudders i swear...

DFIChain is also bringing DeFi to the Bitcoin blockchain. This will help this whole situation immensely.

ABANDON YOUR POSITIONS!

FLEE! FLEE FOR YOUR LIVES

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Who cares about KYC? Imagine thinking that you'll be able to buy anything with your coins without having your money verified when the world switches from fiat to cryptos.

What are the avenues to getting back to spendable fiat (or equivalent)?

They'll crack monero eventually. What do then? You will just keep hoping on and on and on?
Where my darknet hackers at :(

how about you drown in cow shit, you disgusting third world animal

How do you KYC an address?

Check Monero inflation, WE WON

the jew fears the hardware wallet user
>pay rent in crypto
>sell crypto for visa giftcards for groceries and utilities
>can buy a vacation trip with pure crypto if youd like
just imagine how much adoption there will be by 2025
just gotta hold out until then and likely much sooner as they are speeding things up with covid

In France they want you to identify the addresses you send to and they want you to also identify your own addresses and keep that info. New CFT law is coming from the ministry soon.

sign message

>They'll crack monero eventually
kek you literally have the biggest brains working on Monero. That shit is encrypted till the grave. Even a quantum computer wont be able to crack it.

the ideal state of monero transactions is hard but not impossible to track. because if only nation states can afford to track it they will reserve this capacity to actual criminals and drug lords and shit and the average joe gets enough privacy.

So it's just something we need to declare on a tax return? Or is there going be some national registry for various addresses.

Either way it's fucking cancer. Would this also kill Montero because there's no way to enforce such regulations for XMR

there is no way to enforce on bitcoin either...

Have a KYC wallet you use to send crypto back to exchanges and cash out.

kill your celf

All crypto exchanges including crypto to crypto only must register and provide data on customers. Every time you send money to or from an exchange you must identify yourself. Anonymous crypto transactions are going to be obsolete.

Oh, I assumed they already provided that kind of data. Would this only be for US authorities?

You don't need an exchange to transfer crypto

Yeah but you'll need to send your transaction history, your selfies, your fucking nudes any time you want to touch ANY exchange that wants to work within your country and any time you want to buy any crypto from anywhere that isn't some 3rd world scam shop.
This is french law. An ordinance from ministry.