Clearly you do not know how Monero works. It IS private and and can be anonymous if one uses it properly.
When you send a Monero transaction there is no way to determine where it came from, where it went, or the amount.
Of course if you have some account on some exchange that has your ID they will know it's you transferring in and out of that exchange. But with Monero they cannot follow you past the first transaction as all blockchain activity is encrypted and opaque.
The point is to use Monero peer to peer in a circular economy without going into their system, then it is 100% anonymous.
Monero is specifically built to act like cash, and it works very well.
This is why we now Monero.
https://moneromeans.money
If it is digital money, passing thru digital infrastructure we do not own, no digital currency is safe
Monero is as safe as it gets in a digital system. Like it or not money is going digital so might as well learn the best option available.
Monero is private and anonymous. No one can see your transactions or balances, it is digital cash.
No. Is my reply.
It is not private and anonymous. Transactions are seen AND more so when the exchange is transferred to another value, it is precisely seen.
The issue is not WHAT but WHO. No digital system will functionally favor peasants if who owns the infrastructure is not altered.
What you said is not making too much sense.
Clearly you do not know how Monero works. It IS private and and can be anonymous if one uses it properly.
When you send a Monero transaction there is no way to determine where it came from, where it went, or the amount.
Of course if you have some account on some exchange that has your ID they will know it's you transferring in and out of that exchange. But with Monero they cannot follow you past the first transaction as all blockchain activity is encrypted and opaque.
The point is to use Monero peer to peer in a circular economy without going into their system, then it is 100% anonymous.
Monero is specifically built to act like cash, and it works very well.