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My user name is a reference to one of the hardcore cypherpunk coins https://www.getmonero.org/ https://www.getmonero.org/ They also run the cryptocurrency vil
by monero-xmr 3y ago
My user name is a reference to one of the hardcore cypherpunk coins
https://www.getmonero.org/ https://www.getmonero.org/
They also run the cryptocurrency village at Defcon.
Monero researchers have figured out how to do true atomic swaps between Bitcoin and monero, ensuring the exchange delistings will not kill the ultimate privacy coin https://eprint.iacr.org/2020/1126.pdf https://eprint.iacr.org/2020/1126.pdf
Finally, the IRS offered a bounty if you could trace XMR. Not claimed (as far as we know!). How many other coins have that level of state interest
https://www.forbes.com/sites/kellyphillipserb/2020/09/14/irs-will-pay-up-to-625000-if-you-can-crack-monero-other-privacy-coins/amp/ https://www.forbes.com/sites/kellyphillipserb/2020/09/14/irs...
- zmgsabst 3y agoOkay — sell me on why I should use this coin. (I feel inclined to agree, but I want more solid reasoning.)
- monero-xmr 3y agoMonero is the largest privacy coin, with the largest set of mixins / decoys. If the idea of cash appeals to you - the right to buy something without being data mined and tracked by endless private firms and the government itself - then monero is a digital version of that. Monero means money - it is digital cash. Fungible, private, anonymous.
- hanniabu 3y agoYou can send/receive monero in private, but that's where the utility ends unfortunately. It can't do all the stuff ethereum is capable of doing.
- fruity231 3y agoTo a crypto noob like me, XMR is the only crypto that makes sense and I am ever surprised it's not more popular. It aims for one thing, untraceable payments, and not only seems to do that well, it actually is used to pay for stuff. Granted, most of that stuff is probably illegal, but it seems to work as a currency and not an 'investment' which seems to be the case for most of the other coins.