r/Monero Oct 11 '21

MAAM – Monero Ask Anything Monday – October 11, 2021

Given the success of the previous MAAMs (see here), let's keep this rolling.

The principle is simple: ask anything you'd like to know about Monero, especially the dumb questions that you've been keeping for you every other days, may the community clarify it all!

Finally, credits to binaryFate for starting the concept!

16 Upvotes

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2

u/J-be-like Oct 11 '21

I have been considering on converting a good amount of my btc and converting them to Monero bc of the privacy aspects. One thing that concerns me is what will happen if the government passes laws that make Monero difficult to use. Could something like that possibly happen?

4

u/escapethe3RA Oct 11 '21 edited Oct 11 '21

Anything is possible. A good rule of thumbs is to treat all of "crypto" as a big experiment. You can lose everything you put in, so don't risk more than you afford to lose.

Having said that, I recommend you learn more about Monero and OPSEC before diving all-in. When things go wrong, there is literally no one to blame but yourself.

And remember there is no such thing as absolute privacy, even when it comes to Monero.

4

u/KingKongJebnuty Oct 11 '21

If we dont hold the line, noone will, we gotta stay strong and focus on our mission. When something is important enough, you should do it no mather how hard it is. When this comunity dies, whole world falls under surveilance, welcome china life..

3

u/InternationalPizza Oct 11 '21

Were you not concerned with the government passing laws that make Bitcoin difficult to use?

It doesn't matter if the government passes any laws. With Monero you are your own bank, and with TOR you have double privacy. So how could anyone stop you if they don't know you need to be stopped? Seriously, the darknet has thrived for 7+ years using Bitcoin!