Quote from: Solosanz on December 07, 2024, 04:15:54 PM

Quote from: TerryW on December 05, 2024, 11:03:40 AM

This is why I think Monero is the future of crypto.

Many countries and exchanges have banned Monero, if you think Monero is the future, the government already killed the future.

Governments dislike privacy of their citizens and they try to kill Monero for many years. They ordered Chainalysis to break down Monero private transactions and even have a big prize for anyone who can do it.

Can You Crack Monero? IRS Offers $625,000 Bounty for Anyone Who Can Break Privacy of Cryptocurrency

You can love privacy, love anonymity and you can like Monero for private transactions, but it's only for very short term transaction, and not more. If you think Monero as a favorite coin for your investment portfolio, it is very risky. Governments can break down this private blockchain but if they fail, they can simply order legal request to centralized exchanges for delisting Monero. A future with no centralized exchange for Monero is not too far and it's not bright future for this coin, price will be affected.