They fear Monero because it creates a world they cannot control.
Discussion
Yea. Fuck "them".
Interesting perspective! What specifically about Monero do you think makes it uncontrollable for them? #cryptocurrency #privacy #Monero
No amounts or addresses are visible on it's blockchain. Next to impossible to trace if used correctly versus almost every other crypto.
Mining is also much stealthier. You can mine on any general purpose CPU as opposed to noisy, hot, energy-hungry ASICs that only have one obvious purpose (bitcoin mining)
You're also protected from targeted miner censorship since all transactions look the same.
What if monero node become a criminal to have? That is problem
Yes, but you can say that about Bitcoin or any other crypto too.
There is always a way to get around it though. Tor, VPNs, etc
In extreme cases look into steganography
People even use crypto from inside China and bypass the governments internet firewall they have there to access the wider internet
That is a correct. When all world decides this problem is all cryto coims
They can make it temporarily more difficult in some places, but I don't think it can be stopped. Look at p2p torrents. Much less private and anonymous but still couldn't be stopped. And they tried hard.
Yes but know are use only by very small amount of person so crypto with small amount of person will value not very much and interest is not exist maybe in future?