Monero gives people the ability to transact privately online. Privacy is a human right; therefore, through the technical innovation of private cryptocurrency, Monero allows individuals to exercise this right, adding value to the world.
Please look into Monero and try to understand privacy activist's, marginalized peoples', and my point of view. You don't have nitpick, you can accept this one cryptocurrency as having benefits—I agree that a vast majority of cryptos are a scam and are unnecessary and bad for the environment, but there are some cryptos that are less flawed than the banking system.
Monero is only as private as its entry and exit wallets and the availability of the appropriate keys.
This can be done with cash delivered via post with no return address. Observers cannot know who sent the money or even that the receiver is getting money without opening their mail. The sender remains anonymous regardless.
Anyway, we can compare cash to Monero. I'm not sure why some people here are obsessed with cash. I like cash too, it has some advantages any digital payment solution in general, but it's not more anonymous than Monero. It's not as easy to use as Monero, it's not as secure as Monero, and it's much more centralized than Monero.
Cash is more private than Monero. It is possible to engage in untraceable transactions through drop sites and post, whereas Monero wallets can reveal transaction participants when view keys are available.
I don't need to connect to any network to exchange cash, or engage in mathematical backflips to convince the network to accept my transaction. That makes it more decentralized and more fault tolerant.
>Ok. Where is crypto currency used in a way that fiat currencies cannot be, and is adding value to the world?
>I can think of nothing.
Buying/selling drugs, weapons, hiding bribes/extortion transactions, pretty much anything that the issuers of said fiat currencies would put you in a cage for doing.
That's not to say that fiat currencies aren't also used for such things, but relatively untraceable coins like monero make it easier to do those things across large distances, while fiat currencies need to be physically exchanged.
Addenda:
Replying here to Cider9986's (now dead) reply[0[ to the above, where they said:
So Signal or Tor is only useful for criminals? Privacy is
a human right, financial privacy is no exception. 1000s
of legal service accept Monero.
Buy Italian cheese with XMR (https://xmrbazaar.com/listing/LJ4F/)
I'll ask you, where exactly did I say anything about Signal or Tor (I use both, BTW, as well as using monero for the stuff for which it's useful -- to pay for my VPN subscription, among other things)? In fact, I didn't mention either at all. Don't put words in my mouth.
As for your Italian cheese link, GP asked "Where is crypto currency used in a way that fiat currencies cannot be, and is adding value to the world?"
Am I unable to purchase Italian cheese with fiat currency? What additional value is there using Monero to purchase such cheese rather than fiat currency?
I'd also point out that since you replied to me, I cannot mod you down, nor would I have done so if I was able. That said, you're not making a very good argument for monero by railing at (really bad) strawmen, especially since I think monero is a good thing, because governments love to put people in cages for really stupid reasons.
Not sure why you're so bitter/angry, but it might help to talk to someone.
I can think of nothing.