this post was submitted on 24 Jul 2023
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Monero

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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

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80% of DNM transactions are from Russian language sites and only support Bitcoin, with no privacy coin options available. (www.trmlabs.com)
submitted 1 year ago by [email protected] to c/[email protected]
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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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[–] [email protected] 2 points 1 year ago (1 children)

Backed by

  • PayPal
  • Visa

Now do one for fiat haha

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago)

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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