Quote from: Rahar02 on March 19, 2017, 07:33:06 AM

Quote from: alyssa85 on January 31, 2017, 06:03:23 PM

Yup. Better to just promote a normal coin and stay under the radar.

Monero's price doesn't seem to have moved on this news though.

That's why every coins that offers absolute anonymous transaction which attracts central authority to investigate it if they sniff something from it such as monero right now, monero leverages identity-obscuring ring signatures to make it unclear which funds have been sent by whom and to whom.
Some coins like this may interesting for people who want to out of radar, remove any trace of their transaction which refers to black market or illegal activities from FBI point of view, so those coins cannot develop/adopted so far such as bitcoin, it will stuck somewhere and drop back if authority begin to trace or ban it.

More important than privacy is fungability. Not all bitcoins are worth the same amount, some are worth more than others in certain situations. This is a huge problem for mass adoption because (as one example) you don't know if the bitcoins you are receiving have previously been used in an illegal transaction and could be confiscated. This is not a problem for Monero.