@Dusk Who loses money if DUSK succeeds — and why are those players not fighting it harder?
Thus, the appeal of DUSK, namely privacy selectively made available to institutions, alters who emerges on top or bottom. If DUSK emerges on top, retail mixers and anon-assets like Monero/Dash lose market share due to lower capital flow as more money seeks regulatory privacy exchange. For existing financial institutions, DUSK’s ability to offer selectively private transactions to them with less visibility actually harms them, as they can no longer apply nuisance regulations on their own. And finally, launderers also lose, but only in so far as they can't exploit regulations against specific institutions, which thereby impacts that specific institution.
Real-world example: The January 2026 liquidity rotation in Monero/Dash into DUSK price systems revealed that market traders were actually betting on open routing to benefit from Compliant Privacy, driving corresponding fees down into pennies. The reason why opponents of DUSK aren't actively opposing it, which they could otherwise exploit due to past success with such technologies, is due to their fragmented interests, whereby some will lose small gains in favor of exposing a public threat to their financial interests.
