Anonymous on Nostr: It's more than a decade old, basically replaced bitcoin in the dark markets many ...
It's more than a decade old, basically replaced bitcoin in the dark markets many years ago. Fees for payments are cheap (about 2 cent or less).
It used to be really easy to buy it on the street or exchanges, recently the governments closed down https://localmonero.co and forced the exchages to delist it (at the time even forced to fire the CEO of binance for refusing to do it).
The currency is mostly popular in Europe, Latin America, Africa and Arab countries because it could be mined with any old computer instead of expensive GPU or ASIC machines that only a few could afford.
If you want to receive large funds and pay privately in real world things, then monero is the coin that is used.
Trying out is a matter of downloading the wallet on your desktop: https://www.getmonero.org/ or installing something lke CakeWallet on Android.
To exchange dollars or euros for Monero is more difficult at the moment. The takedown happened two months ago, might take a bit until new methods start to popup. In either case, always good to learn about it.
It used to be really easy to buy it on the street or exchanges, recently the governments closed down https://localmonero.co and forced the exchages to delist it (at the time even forced to fire the CEO of binance for refusing to do it).
The currency is mostly popular in Europe, Latin America, Africa and Arab countries because it could be mined with any old computer instead of expensive GPU or ASIC machines that only a few could afford.
If you want to receive large funds and pay privately in real world things, then monero is the coin that is used.
Trying out is a matter of downloading the wallet on your desktop: https://www.getmonero.org/ or installing something lke CakeWallet on Android.
To exchange dollars or euros for Monero is more difficult at the moment. The takedown happened two months ago, might take a bit until new methods start to popup. In either case, always good to learn about it.