Comment by akimbostrawman
3 hours ago
>some obscure cryptocurrency
Monero is so obscure the IRS has put out a million dollar bounty to trace it, unlike any other crypto even btc lol
3 hours ago
>some obscure cryptocurrency
Monero is so obscure the IRS has put out a million dollar bounty to trace it, unlike any other crypto even btc lol
That's a terrible argument, the IRS taking an interest in obscure finances is usual. Can't escape from the tax office by trading in obscure things.
Monero is, time of writing, #12 on the coinmarketcap leaderboard [0] and less than 1% of the crypto space by market cap. It's hard to complain about that being called obscure; anyone who gets a feel for crypto by looking at a top 10 coins list isn't going to see it.
Although it is a technological miracle. That coin specifically might do poorly in the long term so I'm not about to call it an investment, but I think it's quite possible that Monero holds a probable entry in the history books in 150 years time.
[0] https://coinmarketcap.com/
That reply felt like it reinforced the parent's point.