Why Privacy Is Still A Crypto Concern with Fluffy Pony Monero

“We believe privacy is a basic human right. And if you believe your transactions shouldn’t reveal the balance of your bank account, then Monero is the thing for you.” - Fluffy Pony

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When you pay someone with Bitcoin, the recipient can see your balance.

This is the unfortunate reality that comes with the public ledger. Crypto criminals can infiltrate the network by garnering payment and seeing net worths to seek out. However, the privacy coins like Monero prevent this from happening by nesting your balance outside of the people’s view.

On today’s episode of The Bitcoin Crypto Mentor Mastermind show, we are joined by Fluffy Pony of Monero to discuss privacy. Monero is a privacy cryptocurrency that protects your balance from others’ view. Tune in to learn Fluffy Pony’s take on the cryptocurrency space, and if we’re headed to what many are calling The Blockchain Utopia.

And don’t forget! You can also listen to The Bitcoin Crypto Mentor Mastermind Show on Spotify! Click “Follow” and let me know what you think!

“Your wealth is revealed through traceable currencies. When you pay someone with Bitcoin, they can see what your Bitcoin balance is.” - Fluffy Pony

(click to tweet)

Points to Keep In Mind Monero is a privacy cryptocurrency that protects you from others seeing your balance Recent study showed that if you make a PayPal payment, your information goes to 600 people The NSA has access to everything you’re doing When you pay someone with Bitcoin, they can see what your Bitcoin balance is This is great for crypto criminals Hard to imagine a world peace from blockchain technology because People out there with bigger tanks and guns than any blockchain developer Dangers with non-technical people seeking SEO-driven advice $1 billion market cap on coins with just a white paper