Ask HN: Why are privacy coins like Monero not seeing wide adoption?

Re:Ask HN: Why are privacy coins like Monero not seeing wide... by chaostheory on Tuesday July 26, 2022 @12:26PM (#32240409)

HN is notoriously very anti-crypto as a community for valid reasons. While asking this question to crypto maximalists isn’t going to get an ideal answer, you’re not likely to get it here either for different reasons. Too much bias.

To answer your question, as others have mentioned very few people actually care about privacy vs finding another hedge against inflation.

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Re:Ask HN: Why are privacy coins like Monero not seeing wide... by mindcrime on Tuesday July 26, 2022 @12:58PM (#32240850)

HN is notoriously very anti-crypto as a community for valid reasons.

While I don't disagree with that statement, I'd expand it to say that HN'ers tend to be anti-crypto in the sense of being against the absurd hype associated with crypto speculation, and a lot of the really scammy seeming NFT / Web3 stuff that's out there. I think more than a few of us could actually get behind something like Monero based on the privacy aspect. But as we've seen in a few answers already, there are legitimate technical reasons that make Monero (and its peers) less than ideal even for those who do emphasize privacy.

very few people actually care about privacy

Sad but true. :-(

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Re:Ask HN: Why are privacy coins like Monero not seeing wide... by D13Fd on Tuesday July 26, 2022 @01:03PM (#32240912)

I think the better way to put it is that very few people care about faceless credit card companies or banks knowing what they are buying, or about the government having subpoena access to those records.

That's very different from not caring about privacy at all.

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Re:Ask HN: Why are privacy coins like Monero not seeing wide... by D13Fd on Tuesday July 26, 2022 @01:01PM (#32240883)

Having an opinion and applying it to a situation doesn't make you "biased."

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