Syn_Attck , 5 months ago (edited 5 months ago)

Monero (which is actually private like cash - sender, receiver, and amount aren’t known to anyone viewing the blockchain) has transaction fees of a penny or two. It works by mixing every real transaction with 16 decoy transactions. Currently there are supposedly ways to track a small percentage of transactions but it’s so secretive that only approved western government organizations are allowed access, but it doesn’t work well and it only gives a statistical probability. And it’s one of the wider used currencies current at $145 per coin.

The government hates not being able to track you.

Also BTC fees do suck but they vary. Most days they’re around $1-$1.50 which isn’t that far off from the $.50 charged (to businesses) by credit card processors.