Stay on topic:
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This thread is only for comments discussing the uncertainties, shortcomings, and concerns some may have about Monero.
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NOT the positive aspects of it.
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Discussion can relate to the technology itself or its economics.
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Talk about community and price is not wanted, but some discussion about it maybe allowed if it relates well.
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Be as respectful and nice as possible. This discussion has potential to be more emotionally charged as it may bring up issues that are extremely upsetting: many people are not only financially but emotionally invested in the ideas and tools around Monero.
How it works:
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Post your concerns about Monero in reply to this thread.
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If you can address these concerns, or add further details to them -- reply to that comment. This will make it easily sort-able.
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Upvote the comments that are the most valid criticisms of it that have few or no real honest solutions/answers to them.
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The comment that mentions the biggest problems of Monero should have the most karma.
The first principle is that you must not fool yourself — and you are the easiest person to fool.
I find myself limited to purchasing non-essential items because the marketplaces that accept Monero primarily offer goods that aren't necessary for survival. Essential services and products like fuel, property tax, internet service providers, electricity, insurance, phone service, and food are currently inaccessible through Monero transactions. For Monero to facilitate a successful circular economy, there must be significant progress in making these essential items available for purchase using XMR, whether through direct or indirect payment methods.
What about the Monero community working with the manufacturers on PoS terminals, providing coding assistance to embed nodes and wallets into them and provide the training to retailers willing to participate in pilot programs? I admit I don't understand the new US laws on crypto and if this might presently be illegal.
Another idea is to create a legal fund to defend those prosecuted by any of these crypto related regulations. Establish precedence in the courts, making it more difficult to prosecute the free exercise of trade thru crypto and furthering privacy protections for private transactions.