/biz/ - Business & Finance

>>52993483
No one will be able to buy monero in 10 years. It will probably be illegal to use for anything. It's already delisted from most exchanges. Remember the US has already declared ethereum mixers to be illegal, and how is monero different?

In the next two decades quantum computers are expected to completely break the kinds of crypto used in Monero and other privacy coins. No one is going to use a "privacy" coin if they know can be completely audited in 9 years. It's not enough time.

Monero uses CPU miners. So a 51% attack can be achieved by renting thousands of servers for a few minutes, which costs almost nothing.

Less of a problem than some other coins, but Monero still gradually decreases the payouts to miners over time. This makes the above attack increasingly cheaper.

Also mining it will probably be banned for muh climate reasons, because PoW coins are an embarrassing waste of energy. I think this is the least of it's problems, but it is a problem.