Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Privacy Coins Forum => Monero Forum => Topic started by: Domithra on April 02, 2018, 06:10:32 AM

Title: Monero (XMR) Dark Web Might be compromised
Post by: Domithra on April 02, 2018, 06:10:32 AM
Quote
When Bitcoin was created, it became a haven for the dark web operatives but could not cope with the demand and the privacy was not 100% as anticipated. This saw the emergence of Monero (XMR) with the promise of ensuring total transaction privacy across all markets. Trading in illegal goods and services has always remained lucrative.

Monero has always been the best privacy platform in the cryptocurrency landscape. Its adoption is a mix of users in the legal and illegal trade. The features are easy to use with transactions being untraceable. However, users are raising concerns that Monero could after all be compromised. With AML and KYC laws starting to bite, privacy has become a big concern to cryptocurrency users including Monero (XMR).
Do we still need to invest more in Monero? What are the chances of not running at losses?