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RE: Warning: Every CryptoNote/Monero transaction in history will be retroactively exposed

in #cryptonote7 years ago

What a seriously FUD article. I agree with your point "Safe Today != Safe Tomorrow", but the likelihood of RingCT being broken anytime in the near future is slim to none.

The reality is that Monero is one of the only (if not the only) cryptocurrency right now that offers real privacy. Could quantum computing break RingCT? Maybe. It could also break Bitcoin, PGP, SSL, and every other crypto.

To promote CryptoNote currencies as "drug money" or a safe haven of any sort while failing to mention the impending future of complete exposure is not only being reckless and irresponsible but is also endangering other people who might depend on an anonymity without a time limit.

Not sure who you are directing that at, but I've never seen a Monero dev promote it as "drug money". If you have evidence of that maybe you should include the link & reference.

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yep, serious FUD. But not surprising from someone who is a long time Dash investor/pumper. He writes an article about Monero privacy and yet does not mention Stealth Addresses or the upcoming I2P? Nice try but no cigar.
https://www.monero.how/how-does-monero-privacy-work
https://www.monero.how/how-does-monero-work-details-in-plain-english

Regarding "drug money": I never said Monero devs promote it as such. However, the community at large irrefutably does. Just google "Alphabay Monero".

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