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IRS offered $625,000 bounty to anyone who could “crack” Monero; no one succeeded

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Re: IRS offered $625,000 bounty to anyone who could “crack” Monero; no one succeeded

#11
post #2

Could anyone explain why Monero isn't more popular than Bitcoin? On the surface it seems to do everything Bitcoin can but adds privacy as a bonus, so why doesn't everyone use it?

it's not as speculative as bitcoin so not much trading compared to it

Re: IRS offered $625,000 bounty to anyone who could “crack” Monero; no one succeeded

#13
post #2

Could anyone explain why Monero isn't more popular than Bitcoin? On the surface it seems to do everything Bitcoin can but adds privacy as a bonus, so why doesn't everyone use it?

Another question: Why some sites still only accepts Bitcoin (without Lightning?) even though its fee is insanely high due to price increasing? It's no longer feasible payment method for a dozens of dollar.

Re: IRS offered $625,000 bounty to anyone who could “crack” Monero; no one succeeded

#14
post #13
post #2

Could anyone explain why Monero isn't more popular than Bitcoin? On the surface it seems to do everything Bitcoin can but adds privacy as a bonus, so why doesn't everyone use it?

Another question: Why some sites still only accepts Bitcoin (without Lightning?) even though its fee is insanely high due to price increasing? It's no longer feasible payment method for a dozens of dollar.

Its a marketing gimmick and they don't really care about Bitcoin.
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