New FinCEN regulations will label you “guilty until proven innocent “ for using any cryptocurrency privacy tool w/ Seth for Privacy

88MWhce9wToCCENbRgfZ6X54Dx8HF4bYY79YkYN9nXeqCDmykzXuq48HWe6k9eZDkA4iYpLbTsvpXPnAGCALHTTMLUp8cWi OR DONATE HERE: https://www.monerotalk.live/donate TODAY'S SHOW: Douglas Tuman interviews Seth for Privacy, a Privacy tech advocate and Head of Strategy and Marketing for Foundation devices. The two discuss Seth’s Freedom.Tech article on the extreme proposal fincen announced last week to extend the patriot act to include all cryptocurrency privacy tools. Doug and Seth breakdown Fincens proposed regulations. Discussing the false justifications they cite, the potential implications on the financial institutions that will have to comply with these regulations, the impact on the users of crypto privacy tools, what privacy tools the regulations as written cover, including whether Monero is one of them, the suspected real reason why fincen and legislators are motivated to attack crypto privacy tools, and ultimately why Monero users and the wider crypto privacy community should be optimistic and focused on opting out and building out a parallel economy outside of the State controlled fiat system. Timestamps: (00:00:00) Intro (00:02:00) Seth’s work recently, freedom.tech (00:07:05) FinCEN’s proposal to extend the PATRIOT Act to crypto privacy tools. (00:19:15) The broadening of the term “Mixing” (00:28:10) Prosecuting everyone for the illegal action of a few (00:33:40) The justification of "bad people use privacy tools" (00:43:30) Pushing back on the government’s narrative (01:00:44) Chainalysis’ symbiotic relationship with the government (01:05:43) How this proposal would affect the average Monero user (01:11:12) The claims about terrorism funding (01:23:00) Making a parallel economy with Monero and closing remarks (01:27:40) Outro LINKS: WEB: https://freedom.tech/patriot-act-comes-to-cryptocurrency/ TWITTER: https://x.com/sethforprivacy?s=21 SPONSORS: Cakewallet.com, the first open-source Monero wallet for iOS. You can even exchange between XMR, BTC, LTC & more in the app! Monero.com by Cake Wallet - ONLY Monero wallet (https://monero.com/) StealthEX, an instant exchange. Go to (https://stealthex.io) to instantly exchange between Monero and 450 plus assets, w/o having to create an account or register & with no limits. WEBSITE: https://www.monerotopia.com CONTACT: Monerotalk@protonmail.com ODYSEE: https://odysee.com/@MoneroTalk:8 TWITTER: https://twitter.com/monerotalk FB: https://www.facebook.com/MoneroTalk/ HOST: https://twitter.com/douglastuman INSTA: https://www.instagram.com/monerotalk/ TELEGRAM: https://t.me/monerotopia MATRIX: https://matrix.to/#/%23monerotopia%3Amonero.social MASTEDON: @Monerotalk@mastodon.social MONERO.TOWN: https://monero.town/u/monerotalk

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Monero Talk broadcasts weekly conversations on YouTube (https://www.youtube.com/c/monerotalk) with topical guests to understand what the Monero cryptocurrency is today and what it hopes to become. We strive to give birth to new Monero users by simply reporting on the facts in our search to answer the question--Is Monero the truest cryptocurrency of them all? In staying true to the Monero ethos, we aim to always be skeptical. While we are Monero Talk by name, and Monero devotees at heart, the intention of the show is to ultimately discover and support the one blockchain that is most aligned with the original cypherpunk and crypto-anarchist ideals that cryptocurrency was born from. And the one that is most likely to succeed at becoming true digital cash. So far, we believe Monero is the one. Guests include: The developers and researchers working on the open source core protocol and the cryptography behind it; The people building the projects and infrastructure supporting the protocol; Privacy advocates and people building privacy enhancing technologies; Analysts and investors speculating on Monero's growth; Journalists and pundits weighing in on Monero's place in the crypto-sphere; and Respected (sometimes controversial) contributors and community members. If you enjoyed the show & would like to support us, a donation of any size would be greatly appreciated and would mean so much! Monero (XMR) Donation Address: 88MWhce9wToCCENbRgfZ6X54Dx8HF4bYY79YkYN9nXeqCDmykzXuq48HWe6k9eZDkA4iYpLbTsvpXPnAGCALHTTMLUp8cWi