Post
Topic
Board Altcoin Discussion
Re: Thoughts on monero's anonymity?
by
Zero1One0
on 25/10/2018, 10:01:22 UTC
What's the deal here? Do you want to be anonymous when using cryptos? As we know, bitcoin has an open and searchable blockchain, where you can trace anything. That's why some like to use mixers. Coins like Monero are popular because of ONE thing, anonymity. No one knows where goes what or how much. I've seen lately in illegal drug markets that monero is becoming increasingly popular due to its anonymity. I haven't seen monero been used much for anything outside the illegal drug market.
Is this a good thing or a bad thing? Do we want to enforce anonymity among cryptos or defend it?

FIAT/CASH is also anonymous, right?

When you hand your $ bill to pay for something, the recipient doesn't care where you got it as long as you have a legit bill and be able to pay for what you owe.

Same with Monero.