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> People can complain about "I want fully private transactions" - Okay then use cash.

I want fully private transactions over the internet, cant use cash with someone a continent away.



> I want fully private transactions over the internet

And you can still do this, the AML is related to the using the Exchanges themselves ?


> I want fully private transactions over the internet

The big problem seems to be that then you allow for arbitrary speculation, causing high volatility, and scarcity of reliable ways to exchange the money, because no organisation that could otherwise stabilise the exchange rate can put their name to fully private transactions.


I wonder, how private is hawala? Anyone knowing it enough to chime in?




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