Monero (XMR) rise to fame due to privacy, time to buy!!

in #cryptocurrency7 years ago

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Monero (XMR)

Time to buy? YES!!

"DHS Says Darknet Criminals Are Switching From Bitcoin to Monero
The United States federal government continues to view the privacy-centric cryptocurrency Monero (XMR) as a potential tool for cybercriminals. An agent with the United States Department of Homeland Security (DHS) told CNBC recently that cybercriminals are “looking more closely at other currencies like Monero and Ethereum.” Earlier this year an FBI agent with the bureau’s Cyber Division told reporters at a conference that the FBI fears criminals will begin to increasingly turn to cryptocurrencies that protect financial privacy, such as Monero. Since the introduction of the world’s first cryptocurrency in 2009 newer, more private cryptocurrencies have been developed. What is perhaps the most privacy-enhancing cryptocurrency currently is Monero. Other privacy-centric cryptocurrencies such as ZCash and DASH do not seem to provide as much privacy for every single transaction as Monero does."

READ

https://motherboard.vice.com/en_us/article/7xz35e/us-law-enforcement-have-spent-hundreds-of-thousands-on-bitcoin-tracking-tools

https://steemit.com/monero/@cryptores/why-monero-xmr-is-not-only-a-currency-for-the-dark-web-why-privacy-matters-and-why-anonymous-currencies-are-on-the-rise

https://steemit.com/monero/@cloudmining/darknet-customers-are-demanding-monero-xmr-instead-of-dash-click-to-read-why

ALSO

This is just 1 month and I expect it to double!

XMR has also taken on some of the dark web as use of currency.

https://www.wired.com/2017/01/monero-drug-dealers-cryptocurrency-choice-fire/

Time to get in before it becomes 4 digits!

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Haven't heard any "real news" from Monero for a while now.
Other coins have been just bombarding us with positive news, developments etc etc, but Monero has been too quiet for a while.

I would agree. BUT you will see Monero value Skyrocket because it's being used as a PRIVACY currency on the dark web.

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