Can Monero survive exchange de-listings and low merchant adoption?

278 viewsGeneral Discussions

Can Monero survive exchange de-listings and low merchant adoption?

This year has been very hard for Monero as more exchanges decided to de-list the coin from their platforms. I’ve now read an announcement from LocalMonero that they will be shutting down their operations (a pity, because it was a good P2P exchange). If this keeps up, we won’t have a way to buy/sell XMR with crypto or Fiat. Adoption for privacy coins is decreasing each day. We can blame government pressure (especially the US government) for this.

Do you think Monero will be able to survive this? Does it still have a future? As for Local Monero, what other options are available for P2P trading? Your input would be greatly appreciated. Thanks in advance.

Reshantha De silva Answered question May 16, 2024
0

The privacy coins are gonna lose its users caused by people know that if they are fine even if they are trading by verifying their identity. Almost all of privacy coins have been going to the hell. I remember there were a lot of privacy coins in the previous years. We are only seeing a few that is still exist this time. I remember a coin like veil but almost all of privacy

Ruban Lovelace Answered question May 16, 2024
0
You are viewing 1 out of 4 answers, click here to view all answers.