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problem is that it's very hard to cash out. monero for instance.


lol it's not hard. people keep saying this. exchanges process insane volume even when taking into account churn volume. There are hundreds of exchanges. The odds are almost 100% you can process anything.


the order books are very thin. if you tried to cash out $100 million on monero it would collapse prices.


Monero's Market Cap is 4,2B & Volume was $164M today so... Kinda.

but also, no one moves that kind of money without thousands of microtransactions, plus the arbitrage bots start to feed when there's alot of volume making it more stable than the normal financial system.


Nowadays Chainalysis has done a great job tracking and tainting crypto through all the exchanges.


not all exchanges do Chainalysis , not all fraud is picked up by it, not all exchanges will act on fraud.


I agree i depends the location, the U.S exchanges MUST comply to it though.




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