528
submitted 3 months ago by mwalimu@baraza.africa to c/privacy@lemmy.ml
you are viewing a single comment's thread
view the rest of the comments
[-] possiblylinux127@lemmy.zip 1 points 3 months ago

Monero isn't bad but I don't think it is great for easily buying things. At the end of the day trying to use two different currencies is hard. Also Monero gets a bad name because it is used primarily for illegal transactions. It is simply two complex and has no accountability

[-] shortwavesurfer@lemmy.zip 6 points 3 months ago

The fact that it's used for crime means that it actually does what it's supposed to do and keeping people private. Shoes are also used by bank robbers and we don't ban shoes. Monero is a tool the same as a hammer or a shoe or a car or a gun.

[-] possiblylinux127@lemmy.zip 1 points 3 months ago

The problem is that it has zero accountability. Shoes, cars, cash and guns are all physical. At the end of the day someone can inspect your shoes or prevent you from taking a gun inside of a theater. Monero allows payments from anywhere and completely anonymously. You can get rid of it as it is decentralized but you can just not use it especially since cash is easy, private and secure.

this post was submitted on 20 Jul 2024
528 points (94.0% liked)

Privacy

31974 readers
239 users here now

A place to discuss privacy and freedom in the digital world.

Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.

In this community everyone is welcome to post links and discuss topics related to privacy.

Some Rules

Related communities

Chat rooms

much thanks to @gary_host_laptop for the logo design :)

founded 5 years ago
MODERATORS