Education On Privacy Is Crucial To Monero (XMR)’s Success

Monero managed to gain a lot of interest from crypto enthusiasts.

Lots of crypto fans understood the importance of privacy in 2019, and as a result, they chose XMR as an investment option.

Monero vs. Bitcoin

Now, Diego Salazar, who is an important member of the Monero community, just had an interview with AMBCrypto online publication and discussed Monero compared to the success of Bitcoin.

He was asked whether Monero is set to follow the same pattern as the one of Bitcoin in terms of adoption, he responded that the community hopes that it does.

“Because if this whole mantra and maximalism with Bitcoin continue, despite it being a pretty old broken piece of trash, I think that Bitcoin will suck up a lot of adoption,” he responded.

He also said that the masses would buy BTC, but he made sure to point out the fact that there’s a sense of wariness when it comes to altcoins.

“[…] but when they start looking at altcoins, it going to be ‘I’m not going to either mess with this or I’m going to get some Ethereum because it’s number two’ and people talk about it even though it’s also a broken piece of trash,” he said.

We recommend that you head over to the original article in order to find out more about what he had to say.

Monero Criminali Informatici 1

Monero in the crypto market

Regarding the price of the privacy-oriented coin, Monero is trading in the green at the moment of writing this article, and the crypto is priced above $52.

It seems that XMR is on an upward trend these days.

Just the other day, the security of the Monero network has been addressed.

Crypto News Flash just reported that as r/tevador, an XMR contributor explained via Reddit, the new record value cannot be directly compared to the hashrate value before the fork.


Coins Mentioned

XMR

Monero

BTC

Bitcoin

Companies Mentioned

CoinMarketCap

CoinMarketCap is a website that provides cryptocurrency market cap rankings, charts, and more. It was purchased by Binance for $400M in 2020.

Trending news

Top Exchanges
Icon
CEX.IO

3

Website

Icon
Coinbase

2

Website

Icon
Binance

1

Website

Top Casinos
Icon
7bitcasino

4.20

Website

Icon
BitStarz

4.93

Website

Icon
FortuneJack

4.55

Website

Top Sportsbook
Icon
1xBit

4.03

Website

Icon
Nitrogen Sports

4.73

Website

Icon
SportBet.io

4.60

Website

Eduard Watson Author

An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.

1926 Articles

Top Exchanges
Icon
CEX.IO

3

Website

Icon
Coinbase

2

Website

Icon
Binance

1

Website

Top Casinos
Icon
7bitcasino

4.20

Website

Icon
BitStarz

4.93

Website

Icon
FortuneJack

4.55

Website

Top Sportsbook
Icon
1xBit

4.03

Website

Icon
Nitrogen Sports

4.73

Website

Icon
SportBet.io

4.60

Website

Trending news