Monero is made to be completely (if not then as much as possible) untraceable. There is no record of transactions giving you maximum anonymity, consider it virtual cash money. It’s not the preferred currency of dark web drug dealers without reason.
Here have a read, it’s really the only cryptocurrency I tolerate and believe can be a useful tool to revolutionaries but somewhat of a liability to existing socialist states, due to well… It being a cryptocurrency, specifically designed to be anonymous and very much preferred by criminals.
If I’m not mistaken, it’s actually useful as a currency as opposed to just being a speculative asset for labor aristocrats.
a cryptocurrency usable as currency? i genuinely dont believe it but i’ll take a gander anyway. it has an Esperanto name so its probably cool
Monero is made to be completely (if not then as much as possible) untraceable. There is no record of transactions giving you maximum anonymity, consider it virtual cash money. It’s not the preferred currency of dark web drug dealers without reason.
Here have a read, it’s really the only cryptocurrency I tolerate and believe can be a useful tool to revolutionaries but somewhat of a liability to existing socialist states, due to well… It being a cryptocurrency, specifically designed to be anonymous and very much preferred by criminals.