News for hackers. Stuff that matters.

A comment on U.S. Feds Seized Nearly $1B in Bitcoin from Wallet Linked to Silk Road. Parent comment

Re:U.S. Feds Seized Nearly $1B in Bitcoin from Wallet Linked... by StavrosK on Thursday November 05, 2020 @03:25PM (#25001619)
I don't know why Monero isn't more widespread. It's anonymous, cheaper than Bitcoin, and faster. Plus, there's xmr.to, which has integration with a bunch of wallets so you can send Monero directly to a Bitcoin address and they'll convert transparently.
[ Parent | on HN ]
Re:U.S. Feds Seized Nearly $1B in Bitcoin from Wallet Linked... by sfifs on Thursday November 05, 2020 @08:48PM (#25004076)
Well if it becomes popular, holding and dealing with Monero will be made illegal and ISPs will be tasked with blocking it.

Governments can be very vindictive if their tax revenue is threatened.

If you have a use case for Monero, you're better off it remains exotic enough that it flies under the radar.

[ Parent | on HN ]