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RE: Anonymous Altcoins On The Rise: What Are Bytecoin And Monero And What Makes Them Special?

in #cryptocurrency7 years ago

I would prefer to remain with bitcoin still. I think transparency is the better and more sustainable route when it comes to bitcoin. The transparency only makes bitcoin stronger and more secure. A coin like monero could be a breeding ground for corruption, hacking and illicit activities and we would have no way of knowing. Not a good situation to fall into. Just a personal opinion on the subject.

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Good point, that's true as well and that's exactly why the FBI is keeping a close eye on Monero.
But then again, cryptocurrency was partly created to enable anonymous payments, so it's understandable that there's a demand for currencies like Monero.

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