Here's a shocker.
Monero IS auditable.
Business owners can show their cash flow to an auditor at any time, just as they do with physical cash!
The Monero supply IS auditable.
Anyone can sum up coinbase transactions.
Nothing prevents any business from accepting Monero, and nothing grants the state the right to demand traceability of a public ledger as a whole.
You are confusing auditability with traceability.
Now you can go and "lobby".
Can you please explain what exactly is wrong here? That Monero is money? Or that it has regulatory challenges with exchanges? Our understanding was that Monero community wants to solve these issues one way or another, not to ignore them.
And regulators' view on financial transactions privacy is very explicit - they should be private from public access, but they need to be auditable.
What we all need is lobbying and advocating for changes in these laws, because AML laws proved to be inefficient, and not denial of their current applicability. And we need to ensure that laws attempting to "audit" private correspondence never happen.
We will accept Monero as payment for the Community Vouchers, but making Monero the key component of messaging is not possible - we need programmable smart contracts for that.
You see a problem where none exists. There is no XMR leadership. Nor is there a need for plans to persuade the exchanges. That falls to market demand, not "leadership".
Monero isn't banned or illegal.
Some of the exchanges caved in, delisting Monero for compliance ease. It was a strategic business decision driven by AML regulations and voluntary risk management.
We embrace the delisting because it aligns with the mission. The aim is an independent parallel economy, not some utopian vision that everyone must adopt Monero.
Monero will always be available on DEXs, via atomic swaps, and other means of P2P exchange. There's no problem acquiring or using it. Those who seek the exit will find it.
In terms of your EVM approach, unlike some, I offer no disapproval. Monero isn't indeed suited for the purpose you're after, but EVM isn't the only alternative.
With a proper deep dive, you might find the ANNE datachain a lot more suited to your needs.
Down this road, you will not need servers, and there might be a scope for collaboration and mutual merits.
Check out the basics, let me know if you see the contingency.
anne.network/files/ANNE.pdf
@SimpleXChat
I'd love to see more helpful responses like this from the XMR crowd before the herd gets emotional and tries to destroy a business with the same values around privacy.
In all fairness, the primary blunder and trigger for most was the consideration of compliance with incongruous legislation. It's like an unforgivable curse.
You don't dare to drop that anywhere near the community, or we'll go ballistic. Especially against those who claim to uphold the same values concerning privacy and whose products we like to use.
People should learn to recognize following the laws as strength, not as weakness. Study law, understand what it is, use it to defend yourself, and change it for the better.
Because laws are the code that governs our society. And this code must be as helpful and as unbreakable as cryptography we use.
