If you have nothing to hide, you still have everything to protect. Privacy isn't about hiding bad behavior; it's about safeguarding personal freedoms and protecting against misuse of your data.
Fungibility means each unit of a currency is identical and interchangeable. For example, each $1 bill is worth the same regardless of its history. It's crucial for a medium of exchange to ensure all units are treated equally without discrimination.
Bitcoin's fungibility is limited by its transparent blockchain. It allows transaction history tracking, which can lead to discrimination of certain coins.
Monero, with its privacy-focused design, ensures true fungibility by hiding transaction details. XMR coins are indistinguishable.
Is there anything other than profit in cryptocurrencies?
With increasing concerns about privacy and financial surveillance, how do you see Monero's role evolving in the global financial system over the next decade?
🙏🏻Wow, 1,000 followers! Thanks a ton for the support, everyone. I really appreciate it and look forward to sharing more cool privacy stuff with you all.
Join the @MoneroKon 2024 in Prague, June 7-9!
Connect with privacy advocates, cypherpunks, and scientists. Talks on blockchain, crypto laws, and privacy tech. Hackathon with prizes!
Get tickets:
tickets.monerokon.org
Full schedule:
schedule.monerokon.org
In a world where privacy is becoming a rare commodity, it's refreshing to see some innovations still valuing confidentiality and freedom.
No matter what the price of Monero is. The privacy stays and will be improved.
Those who desire to live their lives without interference from others typically respect others' rights to do the same.
With Exodus you can scan Android apps for trackers and permissions.
You'll be astounded. #PrivacyMatters
(pay attention to the version numbers)
It is therefore more of a spiritual matter than an intellectual one.
Awareness is half the battle in attracting people to Monero.
As a result of the fight against cash, private transactions are gradually disappearing. Monero brings them back.
A vibrant, global community supports and drives the Monero project.
#Monero $XMR per USD
One year ago: 150.94
Today: 136.32
(Change -9.69%)
This article by Keven Hendricks, which attempts to link Monero to terrorism, is fundamentally flawed and misleading.
https://greydynamics.com/the-rise-of-monero-in-terrorist-financing/
👇🏻 Here is why
1. The assertion that Monero is predominantly used for terrorist financing is an exaggeration without substantial evidence. Terrorist groups have historically relied far more on fiat money systems.
2. Financial privacy is a fundamental right akin to free speech and personal liberty. Here is why:
- Protection from oppressive governments
- Defense against corporate surveillance
- Prevention of identity theft
- Economic freedom:
3. It is crucial to note that any financial system, including fiat money banking, Bitcoin etc. can be misused for illicit purposes. Singling out Monero is a scapegoat tactic that ignores the broader context of financial misuse.