OC by @Charger8232@lemmy.ml

I know there are plenty of software missing from here. This is just a fun infographic I made, no need to take it seriously :)

  • Kairos
    4•18 days ago

    It’s not about KYC. Monero would have KYC like any other cryptocurrency. Its that the transactions are encrypted.

    • @whosepoopisonmybutt@sh.itjust.works
      13•18 days ago

      Its my understanding that KYC is not inherent to crypto but only to exchanges such as kraken or coinbase. Tax regulations necessitate KYC, not the technical requirements of the underlying asset.

    • Sophocles
      6•17 days ago

      Essentially what the other person said, but KYC depends on the marketplace. See getmonero.com. XMR allows for merchants to skip KYC, which other cryptos don’t do