Which is really unfortunate. If you avoid the most popular coins (Bitcoin, Ethereum, etc), you avoid most of the scams and speculation and end up with a decent currency that respects your privacy and has low fees.
not profitable to mine, so most miners are enthusiasts who want the coin to succeed
privacy-focused - basically creates a ton of fake transactions to mislead snoopers
relatively popular - seems to be the most popular coin recommended by privacy enthusiasts (e.g. Mental Outlaw, he even gives a discount on his store for Monero)
not popular among speculators - they mostly stick to the big ones (BTC and ETH), as well as new startup coins
low cost transactions, fairly short transaction window
It’s far from ubiquitous, but it’s popular enough that if a place accepts any crypto, there’s a good chance they accept Monero as well.
Which is really unfortunate. If you avoid the most popular coins (Bitcoin, Ethereum, etc), you avoid most of the scams and speculation and end up with a decent currency that respects your privacy and has low fees.
monero?
Yup, Monero is probably the best option. I’ve heard good things about Z-cash, and Bitcoin can work on the lightning network.
Tell me more
Monero is perhaps the best option imo. Here’s the official page about it, but basically:
It’s far from ubiquitous, but it’s popular enough that if a place accepts any crypto, there’s a good chance they accept Monero as well.