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submitted 1 day ago by themachinestops@lemmy.dbzer0.com to c/technology@lemmy.world

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[–] sugar_in_your_tea@sh.itjust.works 5 points 14 hours ago (1 children)

Monero is perhaps the best option imo. Here's the official page about it, but basically:

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.

[–] Honytawk@feddit.nl 1 points 4 hours ago

Is it really the best option when no business uses them?