Post
Topic
Board Altcoin Discussion
Re: Worried about Moreno
by
vv181
on 26/08/2022, 15:32:01 UTC
The reason is that future regulations scare me a little bit, specially privacy limitations, they've already wiped out Tornado Cash and Blender, because "they are perfect for money laundering".

Their next target will be privacy coins, more specifically Monero, and nobody will change my mind, regulators already issued statements against Monero and I think it's only matter of time.

So, do you know any good alternatives to Monero?

So did you mean that you are trying to find a Monero alternative because of regulation or authority scrutinity? What kind of future regulation that you are afraid of, anyway? Do you think Monero might also get wiped?

I believe you are missing a point here, it looks like you are trying to play catch-a-mole about the privacy coins. Monero, as far as I concern is decentralized and has a strong community, it's not like it has a single point of failure. Consider Ethereum, which their node can't even run over the Tor network. And one last question, did you consider privacy coin as an investment or by the utility?