• matter@lemmy.world
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    1 year ago

    Yes, I understand how monero works. Yeah you’ll get away with buying some groceries or whatever with it, but people who go through bankruptcy (especially who aren’t rich, and are felons) have a close eye from the government on their finances. If you try to buy a house or a car or anything actually life changing with that, you’re pretty likely to get caught and charged with fraud etc., unless you legitimise it, that is, launder it.

    • Rin@lemm.ee
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      1 year ago

      I see. That is a very good point. Sorry for not understanding.