5 key similarities between Monero and cash
Fungibility:
Like cash, each Monero unit is interchangeable and indistinguishable from another, ensuring uniform value.
Anonymity:
Monero transactions provide strong privacy features, keeping sender, receiver, and transaction amounts confidential, similar to cash transactions.
Wide Acceptance (Growing):
While not as universally accepted as cash yet, Monero is increasingly being adopted by merchants and individuals who value privacy.
No Transaction Fees:
Monero transactions have minimal fees, similar to the zero-cost nature of cash exchanges.
Immediate Settlement:
Monero transactions are quickly confirmed and settled on the blockchain, providing a level of immediacy akin to cash exchanges.
