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by Cider9986
5 days ago
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If you don't care about privacy, then state your address, bank account balance, phone number, family members, and post photos of the inside of your house. Monero protects some of that information. It's a human right to choose what information to reveal about yourself. Crypto is not crap on the whole. Many coins are worthless and scams, but some improves payments and give people more freedom and privacy. Just like everything, understanding crypto requires nuance. Of course any privacy tool will first be challenged by the bad actors caught using it. That's just the way it goes and is the same with Tor, secure devices like GrapheneOS. But we shouldn't take away peoples rights because of a few bad actors. There's a vast ecosystem of legal services that accept and use Monero like Mullvad VPN and many listed on donatemonero.org. Monero prevents ransomware because it prevents others from knowing how much you have. I agree that regular transparent crypto is problematic because of that lack of privacy which enables bad actors like kidnappers or oppressive governments. Monero is an important iteration on transparent crypto. There's a reason one of the "rules" of Monero" is never say how much you have. I've made 100s of Monero transactions and none of them have been for illicit goods or any crime. They just were for protecting my privacy. |
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Nope. I'm fine with the protection that the classic legal system provides.
> Monero protects some of that information.
No, it doesn't. I don't use cryptocrap.
> Of course any privacy tool will first be challenged by the bad actors caught using it. That's just the way it goes and is the same with Tor, secure devices like GrapheneOS. But we shouldn't take away peoples rights because of a few bad actors.
The harm done by GrapheneOS and the harm that is being done every day by cryptocrap are nowhere comparable.
> I've made 100s of Monero transactions and none of them have been for illicit goods or any crime. They just were for protecting my privacy.
And by doing 100s of Monero transactions, you made a noticeable contribution to making the world worse. Congrats.
Go on, I'm still waiting for you to list the positive effects of crypto. It's been 12 years since it became mainstream, so positive effects should be visible by now. Has the world become more democratic? More privacy-oriented?
Perhaps smart contracts and unforgeable blockchains made new applications possible, and they became widespread? Like asset tracking or certificates of origin? Maybe NFTs transformed the art?
Nope. Nothing good came out of it.