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Comment by seibelj | Hacker News Reader

Luckily there is Monero https://www.getmonero.org/

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.

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.

Not sure why you're getting downvoted, to my knowledge you're correct.

I didn’t downvote, but Monero is not magic. State-level attacker absolutely can trace real-world recipients of money “laundered” through Monero.

See “Breaking Monero” series on YouTube.

The IRS even has a $625k bounty for anyone who can break privacy coins like Monero!

https://heraldsheets.com/irs-will-pay-625000-cracks-monero-n...

people don't realize this. If there is no flaw in the current implementation of Monaro, then it can't be traced. It is entirely possible that something has been figured out and allows tracing, but that is no different than using bitcoin. So I don't get the hate towards Monaro. \

I'd be extremely surprised if this bounty was anything else than misdirection and bait.

would you sell the secret how to break privacy coints for $625k?

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