>> It doesn't. Everyone who claims otherwise can't come up with a single credible example.

> Buying a subscription to gay.com from Syria.

That is not a credible example. Here are some reasons:

1) Paying for porn? Paying for porn when the implication is that it's illegal and could get you in trouble? Who would do that?

2) Cryptocurrency isn't anonymous, and is usually highly traceable.

3) And even if it was anonymous, what good will it do when your DNS lookups will divulge you're looking at gay porn?

4) Oh, so now someone's supposed to be using some elaborate TOR/VPN setup in a repressive country, just so they can pay for porn?

5) What, exactly is the process for converting Syrian Pounds into cryptocurrency again?

6) etc.

> Your on the clock..

Why were you so confident in your non-credible example?

The other poster is probably very confident because gay.com redirects to https://lalgbtcenter.org, which is an LGBT advocacy group in Los Angeles.

>>> Buying a subscription to gay.com from Syria.

>> Why were you so confident in your non-credible example?

> The other poster is probably very confident because gay.com redirects to https://lalgbtcenter.org, which is an LGBT advocacy group in Los Angeles.

I doubt they knew that. It's inconsistent with their thought of "buying a subscription to gay.com," and it raises the question of why someone in Syria would even be interested in a LA-focused advocacy group. Plus in their reply indicated they thought of it as a porn site. What kind of advocacy group has a paywall that someone would want to see behind?

You need to spend more time thinking about this. You’ll end up realising that the value lies in self sovereign, permissionless money. Tech like Monero. The debt ceiling grows every day.

> You need to spend more time thinking about this. You’ll end up realising that the value lies in self sovereign, permissionless money. Tech like Monero.

I have. However you illustrate an important point about cryptocurrency: it's an exercise in political ideology without practicality.

> The debt ceiling grows every day.

If you're that worried about inflation, shiny gold seems like a better option.

Shiny gold also has the benefit of being something you can stuff in a sock and hit clobber cryptobros with ;-)

Try that trick with some digital currency :-)

The addition of cryptocurrency to the process adds no value (and in this case adds unnecessary risk). You might as well suggest using cryptocurrency to buy a Big Mac at McDonalds. Here's how you do it:

1. Deposit your money in a bank. Wire it to Binance. Buy Bitcoin.

2. Go to a McDonald's.

3. Hire a gig worker through an app, pay them in cryptocurrency to buy a Big Mac with fiat and give it to you.

4. Eat your $55 Big Mac, and wonder at the amazing real-world utility of cryptocurrency.

Or order a pizza with cryto to a vacant property.

If the person has VPN access them there are better options available. The crypto transaction makes information available to attackers that wouldn't be available by any other method.

That's objectively worse.

When did Binance start to accept the Syrian Pound? This is just the usual hand-waving that ignores all the inconvenient details.

You might be surprised:

https://www.fxempire.com/crypto/exchange/binance/review

I'm confused by your link. Nowhere on that page does it mention them accepting the Syrian Pound...?

I'm not particularly anti-crypto but this is probably the worst example ever.

By using crypto the person now has written a public record of that payment. An attacker now can use correlation attacks to try to identify the user.

It's worse in almost every way for that user.

I'm still stuck at the part where we're paying for porn...

You’ll understand when you’re older.

I'm fairly old already, and so far age is... not linearly correlated, but at least definitely a dampening function on porn consumption :)

Haha, ok well you got me there. :) when i get right down to it, I've only paid for my porn out of a sense of patronage, not necessity. Shame about that dampening factor, but its also allowed me to appreciate more niche and interesting erotica, akin to adults who can eat interesting food dishes compared to kids who prefer hamburgers and macaroni.

I assumed it was a dating site?

Worse than a credit card? How?

Public record that Syria cannot easily track with bitcoin or no trail with Monero.

I'll give you a bitcoin wallet address can you tell me who owns it?

> I'll give you a bitcoin wallet address can you tell me who owns it?

It depends on the address. But assuming the person is using the same address for multiple transactions then the attacker only has to be able to correlate one address with a person (or a person's device if they have access to it).

This could be a completely innocuous transaction, including something as seemingly innocent as signing into a Dapp.

Compare that to a non-blockchain transaction, where if the attacker hacked an random ecommerce site (say a supermarket) that doesn't automatically allow them to tie all records to transactions on the site that is a problem.

> Worse than a credit card? How?

If I buy something at my supermarket with my credit card, even with home delivery AND even if the supermarket kept the credit card number there is nothing tying that transaction to gay.com.