Re: Can Monero survive exchange de-listings and low merchant adoption?
This year has been very hard for Monero as more exchanges decided to de-list the coin from their platforms. I've now read an announcement from LocalMonero that they will be shutting down their operations (a pity, because it was a good P2P exchange). If this keeps up, we won't have a way to buy/sell XMR with crypto or Fiat. Adoption for privacy coins is decreasing each day. We can blame government pressure (especially the US government) for this.
Do you think Monero will be able to survive this? Does it still have a future? As for LocalMonero, what other options are available for P2P trading? Your input would be greatly appreciated. Thanks in advance.
Do you think Monero will be able to survive this? Does it still have a future? As for LocalMonero, what other options are available for P2P trading? Your input would be greatly appreciated. Thanks in advance.
This monero was already here when I started; it was one of the pioneers in this industry, and it cannot be denied that the community it has established in this field is also large. I even experienced being able to mine it in Minergate.
After a few years, I don't seem to have heard much development in Monero; all I know is that I heard that the US government is harassing it. As far as I know, I hope Monero can survive for a long time.