Sure, Monero is good for privacy-focused applications, but it’s a fraction of the market and the larger coins aren’t particularly any less tracable than virtual temporary payment cards, so Monero (and other privacy-centric coins) get overshadowed by the garbage coins.
Same with AI, where non-LLM models are having a huge impact in medicine, chemistry, space exploration and more, but because tech bros are shouting about the objectively less useful ones, it brings down the reputation of the entire industry.
Monero allows you to make untraceable transactions. That can be useful.
The encryption schemes involved (or what I understand of them, at least) are pretty rad imo. That’s why it interests me.
Still, it’s proof of work, which is not great.
Sure, Monero is good for privacy-focused applications, but it’s a fraction of the market and the larger coins aren’t particularly any less tracable than virtual temporary payment cards, so Monero (and other privacy-centric coins) get overshadowed by the garbage coins.
Same with AI, where non-LLM models are having a huge impact in medicine, chemistry, space exploration and more, but because tech bros are shouting about the objectively less useful ones, it brings down the reputation of the entire industry.