I was thinking earlier about the legal system vs crypto. Does anyone think user defined mixing will be a weakpoint of Monero in the legal department? As in, a fixed mixed count would have been preferable if attempting to design around the law when user defined is pretty similar to active mixing.
It seems kind of obvious that governments would be far more likely to consider active mixing as an act of laundering (darkcoin), while if anonymity is part of the protocol itself, it's just a shortcoming of government auditing. Both Monero and Zcash are safer legal-wise (than Darkcoin), although you would likely have to enforce a fixed mix count instead of variable if you really wanted to be safe in Monero.
I believe perhaps the global elite will kill off any system which doesn't mandate a viewkey on each mixed transaction, wherein some elected foundation or body is given responsibility for whom has the private key(s) to the viewkey. Better perhaps a multisig viewkey would be best where these would be given to multiple authorities (e.g. each of the major powers or regions national security agencies), and then a quorum of them would have to agree in order to view a transaction.
Thus I think the level of mixing (above 0) is irrelevant.
I just don't believe you snub the global elite and expect to not get your ass wiped in the mud.
I had hoped for an absolute technological immunity, but I studied all the technology deeply and I am very, very confident to tell you that it is impossible. The global elite will remain in control of the Iron Law of Political Economics.
Mass privacy is very important and Monero should stop being delusional and realize how they have to structure their system in order to be accepted.
I guess they might just attack the users and catch them at the on/off ramps and destroy interest in coins that obscure the blockchain from the authorities.
How can a user living in a country where use of cryptocurrencies are unregulated be controlled?
There will exist no such place. Name one. Just one.
Moreover, the protocol is controlled by the Chinese mining cartel, so all the regulation can be done from China. Your coins can be confiscated China regulates their ASIC mining farms. If Monero scales up, it will also be captured by the Chinese cartel.
With the rise of decentralized exchanges, controlling all on and off ramps seems impossible. Some countries may choose to be welcoming instead of hostile.
The Internet will be regulated. China is the model. They will assume the throne of the financial capital of the world in 2033.
You can waste your time disbelieving (and end up in jail and/or all you wealth confiscated). Meanwhile I will get my ducks aligned so I am congruent with the reality.
