• Possibly linux@lemmy.zip
    link
    fedilink
    English
    arrow-up
    2
    arrow-down
    1
    ·
    5 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
      link
      fedilink
      arrow-up
      7
      arrow-down
      1
      ·
      5 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.

      • Possibly linux@lemmy.zip
        link
        fedilink
        English
        arrow-up
        1
        ·
        5 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.