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If Square wants to be a cash intermediary, they should offer Monero. It's the most cash-like coin available since it's the only one that's fungible - an import
by Casseres 9y ago
If Square wants to be a cash intermediary, they should offer Monero. It's the most cash-like coin available since it's the only one that's fungible - an important aspect of any currency. The only problem is that it's not as recognized as Bitcoin, so maybe they're just trying to attract publicity and new users?
- imnotatwork 9y agoThe ring signatures have a big scalability problem, and the cryptographoic strenght of the monero anonymity is all but proven. Monero is an interesting experiment but its feasibility as a long term store of value is to be provem. Also, moving some transactions off-chain transaction will effectively mix the coins and strenght anonymity.