/biz/ - Business & Finance

>>50842350
it's not exclusively monero and zcash, anything that enhances privacy will be on the chopping block
you were warned 2 years ago, when they started discussing it

>pic related

>>25067655
umm sweety...
they are looking into the segwit scam, what you're watching on the charts right now is an exit pump rug pull

btc is already on borrowed time

>>22290283
lol no

>>20263917
>>20263996
>There is nothing illegal
Lol the whole thing is criminal. This DEX is going to be a haven for criminals to launder their money. Crypto is already associated with the underground because its easier to launder money....but this takes it to a new level.

Once you start handling large volumes of money you need to register as an exchange. And as an exchange, you need to do KYC. This is supposed to prevent money laundering and other shady shit. Crypto didnt have this a few years ago, but suddenly the space got really, really serious over the last few years and most exchanges are doing KYC now. Why? Because the space is going to mature.

No institution is going to touch this project. This project can't ever hope to reach the heights of Monero because the whole thing is centralized. Monero is decentralized. Stakenet shills can claim its decentralized, but Chainalysis and other investigative organizations are gonna be all over the nodes used to exchange liquidity. Plus they'll get the help of Binance and any other CEX whether they want to help or not.

no they are coming

>>20224847
>Those exchanges absolutely will not car because they are still making money too.
No, they will care, it presents major security and legal kyc issues. Yeah, these exchanges are gonna sit around and let xsn tards just hook up into their API and use the aggregator to absorb all liquidity. You have no clue how the world of finance works.

I bet you think all of this is just gonna go smoothly and the exchanges are gonna sit around while xsn gathers all the liquidity in the world, right? And LN is just gonna magically work, the rental channels and fees will just fix the scaling issues (even if adding fees on top of fees is fucking retarded)

Oh but what about regs? Ehh, who cares about them right? I'm sure the government is not gonna care, they arent gonna care if you use LN or not, of course not.

>DeFi - Decentralised Finance which is exactly what Stakenet DEX is.
No, the Stakenet DEX is, in reality, a glorified trading tool that will probably hit IDEX levels of popularity but not much further. It's a niche product, its niche, you understand, its not gonna hit $100 like you think it will, even with all the other services XSN provides.

Honestly? It sounds like a great tool for hardcore traders and enthusiasts. And that's it.

DeFi is not what you think it is. Its a codeword for IOT (Internet of Things) You dont know wtf you're talking about. Fucking amateur hour on biz

they're coming for you pedos
and you won't escape

>>20196149
LOL YOU GUYS ARE GONNA GET FUCKED

AHAHAHAHAHAHA

>investing in a dex in 2020
Absolute cuckery

LINK is a world class project, XSN isnt

YOU TOLD ME ANON COINS WERE THE FUTURE? NOW THIS HAPPENS!?? EXPLAIN YOURSELVES RIGHT NOW