The Travel Rule is not about stopping crime.
It didn’t work in TradFi and now they’re forcing the same failed surveillance architecture onto Bitcoin.
Once they link every tx to real IDs, self custody and privacy are gone.
Efrat’s piece explains how this fits into the bigger 'Digital Cage' rolling out in 2026.
We either fight for financial privacy now or watch Bitcoin become another tool of control.
See links below for key excerpts from the article and relevant posts.
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Replies (5)
It's only because bitcoin is somewhat successful.
If privacy becomes somewhat successful they'll throw you in jail for using privacy coins.
We are taking on the largest mafia in history and they will fight to the death. The vast majority of bitcoiners and privacy advocates are larping and will bend the knee to the State.
Bitcoin already is a tool of control. Else it wouldn't have been Black Rock approved.
Monero doesn't give a fuck. That's why it is delisted everywhere.
Use it!

