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RE: An Introduction to Monero. (XMR)

in #cryptocurrency7 years ago

It's hard to tell where Monero is going. I was told it's backed by Google. Which is good, because they'll keep it stable. But if the US government ever cracks down on monopolies. The coin could take a dive. Let's be realistic. 90% of alt coin value is coming from a handful of companies, rich elites. Just keep that in mind. As time goes on I believe regular consumers will make up the majority.

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I agree with what you are saying although, The beauty of Monero is that it will be very difficult to regulate. Exchanges even have difficulty tracking its own receives/sends