Quote from: DeathAngel on Today at 05:00:39 PM

Quote from: j1792 on August 20, 2023, 08:02:36 AM

Privacy is a necessary feature in my opinion, but why hasn't Monero become a main coin?

Monero is genius, it does everything you require from a privacy coin. Unfortunately its strengths have led to its downfall in the hopes of becoming a main coin. Governments hate it & regulators have threatened exchanges with operating bans in their jurisdictions if they list XMR. That has meant exchanges have delisted XMR & that’s the reason why the price isn’t as high as it should be.

It’s a great coin for anonymity but it will never be a main coin sadly.

Ironically, while Monero is not available in Binance USA; last time I checked I could buy it in Binance global. I did so so I could withdraw at lower fees which I would have had to pay in order to withdraw with Ether or Bitcoin. Withdrawing Monero only take a few cents in Binance. Perhaps CZ had grown fond of it or he realizes its importance in the world.

So since Monero has not been delisted from Binance global, I think there is still much potential liquidity for that ecosystem to accumulate; even if someday Monero gets excluded from Binance, that won't stop the developers and the community behind this project. One could argue on the use some people give to a privacy coin like this one, but the important fact and what everyone needs to get is privacy as a right and not something we should kindly ask to big corporations and the big brother. Wink