this post was submitted on 26 Oct 2023
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Monero

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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

GitHub

StackExchange

Twitter

Wallets

Desktop (CLI, GUI)

Desktop (Feather)

Mac & Linux (Cake Wallet)

Web (MyMonero)

Android (Monerujo)

Android (MyMonero)

Android (Cake Wallet) / (Monero.com)

Android (Stack Wallet)

iOS (MyMonero)

iOS (Cake Wallet) / (Monero.com)

iOS (Stack Wallet)

iOS (Edge Wallet)

Instance tags for discoverability:

Monero, XMR, crypto, cryptocurrency

founded 1 year ago
MODERATORS
 

While privacy coins promise enhanced anonymity and financial freedom, they also pose challenges […] they often face heightened regulatory scrutiny, with some governments banning or heavily regulating their use.

the very feature that makes them attractive – their privacy – can also be their Achilles’ heel. […] This dual-edged sword might deter potential new adopters and pose reputational risks for those involved in legitimate uses of privacy coins.

Cryptocurrency privacy is vital for ensuring personal liberty and maintaining fungibility, becoming even more crucial as surveillance and data collection grow. […] a balance of innovative privacy technologies and thoughtful regulation is essential

We all know this; not easy.

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