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This Is The Most Private Money In The World - The Hated One

This Is The Most Private Money In The World - The Hated One

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Rating: 4.0; Vote: 1
This Is The Most Private Money In The World - The Hated One Monero is the most private currency in existence. More private than Bitcoin or even cash! Merch Odysee: The privacy of Monero seems great, but I'm not fully sold on the rest.
There are a myriad of factors which make bitcoin great. In essence, it is immutable, entirely independent and decentralized.
Is that the case with Monero? Is it as secure? Do the easier transactions come at a trade off of less security? Does the privacy come at a trade off of the possibility of fraud and double spending?

Date: 2022-03-20

Comments and reviews: 8


there is talk online of the Freedom Convoy truckers organizations having their crypto wallets 'sanctioned' by the Canadian governemnt. One is Monero. But, I thought Monero was private. Can someone explain? Is it impossible for a Monero wallet to be siezed? or did a laptop or phone have the key on it and that was seized and it was unencrypted?
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Sir Monero and Zcash are both privacy coins. I would like to ask that even if we transfer Monero and Zcash from any Dcentrallies wallet to any exchange, the transaction still remains in privacy. Can someone and (Also Exchanges) track the see publicly our transactions? Like we can see the transactions of Ethereum and BTC
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if you have to buy it with a debit card, cresit card, ACH transfer, or bank wire transfer, its not anonymous.
for arguments sake, even if you were able to acquire it -anonymously-, you wont be anonymous when you try to turn it into cash!

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1: 20 I gotta point out, it's not -most people. - It's everyone. No matter how savvy, clever, and smart you are, you're still human. You're fallible, and you _will_ screw-up eventually.
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I heard somewhere that you can buy prepaid visa/Amex cards with monero. Is there a way to sell it and convert it into fiat or a similar equivalent anonymously?
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Love the content, brother! I'm sure you get asked this all the time, but how does one actually purchase this? Seems like most exchanges have delisted it.
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So Monero will become the underground currency while Bitcoin and Dogecoind - powered by billionaire meme lords and central banks will dominate the market
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I'm old school just learning about crypto. I don't trust government tired of taxes. Work so much then taxed on everything. I thank you.
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