Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
saddambitcoin
on 03/01/2016, 23:39:01 UTC
Hi Monero thead.

Can someone give me a few reasons why to invest in Monero.

The coins available and current price are attractive but that doesn't mean moon.

Without reading all 600 odd pages here can someone point me in the right direction with regards to finding out more.

Thanks in advance.


Monero is not an investment, do not buy unless you have done the research and believe in it. With that initial disclaimer, I highly recommend watching the "Monero Talk" video that rangedriver linked above, it's a great introduction on the key important features.

There is also this quote from Satoshi, which touches on the importance of ring signatures that are used in Monero (and other CryptoNote currencies). Monero is the next generation of evolution in digital currency: private decentralized electronic cash.

Crypto may offer a way to do "key blinding".  I did some research and it was obscure, but there may be something there.  "group signatures" may be related.
...
As an example, say some unpopular military attack has to be ordered, but nobody wants to go down in history as the one who ordered it.  If 10 leaders have private keys, one of them could sign the order and you wouldn't know who did it.