That's Etherium. Etherium is designed to contain this sort of digital information, and pays based on POS, and not POW. Or to say, they pay themselves ETH, solely for already having ETH. It's the central bank's wet dream.
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.
Not only do ayh know how it works -- ayh had some ayh had mined myself.
What you are not getting is that for any currency to have value, you have to have an agreement between peoples to have a stake.
When you have digital currency, you not only have to have value defined by people willing to trade it BUT also then agreement leveraged over the infrastructure to exchange it.
We have neither.
Monero is not a solution.
There is no such thing as "anonymous". Ayh wish you could truly understand that.
That's Etherium. Etherium is designed to contain this sort of digital information, and pays based on POS, and not POW. Or to say, they pay themselves ETH, solely for already having ETH. It's the central bank's wet dream.
Wasn't Etherium the "Minds.Com" digital cash fiat?
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.
Not only do ayh know how it works -- ayh had some ayh had mined myself.
What you are not getting is that for any currency to have value, you have to have an agreement between peoples to have a stake.
When you have digital currency, you not only have to have value defined by people willing to trade it BUT also then agreement leveraged over the infrastructure to exchange it.
We have neither.
Monero is not a solution.
There is no such thing as "anonymous". Ayh wish you could truly understand that.
You are nitpicking irrelevant details. Monero is a real solution that works today, I use it almost everyday.
Physical cash is also not 100% anonymous but in practical use it is anonymous enough, same goes for Monero.
Monero has value because it provides a utility of facilitating world wide unstoppable private transactions. I do not need to have any stake.