Couldn’t those transactions be cut off at those swapping points to fiat? I assume if a bank doesn’t support a business directly transferring funds for a particular purpose then they’d take issue with indirectly transferring funds for the same purpose and would work to close those accounts.
You would use real currencies for everything except the transfer. The consumer only sees USD. The provider swaps back to Fiat as soon as necessary.
The use case is enabling payment over the Internet while avoiding traditional, censoring providers.
Couldn’t those transactions be cut off at those swapping points to fiat? I assume if a bank doesn’t support a business directly transferring funds for a particular purpose then they’d take issue with indirectly transferring funds for the same purpose and would work to close those accounts.
It can happen. That would involved cutting off access to all crypto for that individual. It’s not common.
Even on the token side there are often blacklist addresses (e.g. USDC) that perform a similar function. Usually for hacks rather than terrorism.
This does not make sense.
What you’re saying is that it’s impossible to buy porn/erotica online without monero. This is clearly wrong.
You most definitely could do that before blockchains were a thing.
I haven’t said anything like that.
I’m saying crypto is an additional, uncensored payment channel.
And why exactly is it a use case if you can already buy erotica/porn via specialized payment services without monero?
What’s the benefit here? Be clear and specific. Don’t randomly bring terms like “privacy”, “uncensored” and “freedums”.
It’s called a use case because you can use it.
An additional vector to avoid censorship.