80% of DNM transactions are from Russian language sites and only support Bitcoin, with no privacy coin options available.
80% of DNM transactions are from Russian language sites and only support Bitcoin, with no privacy coin options available.
A Comprehensive Guide to Illicit Finance Risks in Crypto
Cracking down on DNM sites is currently a low priority for the Russian government. The result of this has been proliferation of Russian language DNM sites that largely operate in the open and on an open blockchain.
How do you think things like global-scale shifts in power or protocol updates will affect the blockchains these DNMs operate on?
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You can't make a transaction without the state breathing down your neck in the US and EU.
The west has become more tyrannical and communist than Russia.
Not to mention that if you are selling drugs from an independent supplier you are directly competing with the US government, they don't like that since they are the biggest drug dealer in the world.
Backed by
- PayPal
- Visa
Now do one for fiat haha
The article states that in 2020 there was a 240% increase in use of Tether by pro-ISIS groups in Pakistan and Tajikistan. Not quite fiat but kind of bonkers that they're using a Hong Kong based stable coin.
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a huge chunk of any userbase will never care about opsec until bad things start happening all the time
Even then adoption seems slow. There are so many stories of people getting their accounts frozen for suspicious or forbidden BTC use but the same mistakes keep getting repeated.
I rest easy knowing that my crypto assets are private but I guess most people don't seem to care because they're not spending them? Idk
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