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by Cider9986 31 days ago
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.

Here's a good discussion to learn more: (https://news.ycombinator.com/item?id=47841149)

1 comments

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.

You aren't replying to my post, you are changing the subject.