The privacy crypto Monero is now available at Manchester and Keen vending machines. For more than 10 years, the Shire Free church provided crypto vending machines in Keen to help the community as we are reading in the Monero news.
The services will expand to CVM in Manchester with a second one in Keene in order to connect people with Bitcoin with the lowest rates in the region. a few years after launching in Keene, the platform also offered buyers another choice of other cryptocurrencies besides the BTC-DASH and Bitcoin Cash for the two most-used retail cryptos in New Hampshire.
The company was excited to announce that they will be adding another cryptocurrency to the CVMs located at the Bitcoin Embassy in Keene and the Taproom in Manchester of Murphy which is the world’s top privacy crypto Monero. Launched back in 2014, Monero is extremely different from all of the other altcoins competing with Bitcoin. Monero wasn’t a fork of the Bitcoin source code and Monero is based on a technology called ‘’Cryptonote.’’ The Cryptonote white paper explains a huge flaw with Bitcoin. Bitcoin’s public ledger allows the transactions to be traceable.
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Despite what someone will say in the media, Bitcoin is not anonymous and transactions can be tracked. However, Monero’s system can solve this problem and introduce true anonymity and crypto fungibility.
As you can imagine, the government is opposed to privacy technology and they want to know everything about your income and money. One of the best things about the largest cryptocurrency is that it allowed for a money system to exist completely outside of the control of the state. Crypto is a true competitor to the dominance of the central banks and fiat currencies. So monero fixes this and you can buy it which is where the trail ends.
Currently, there was a recent bloodbath with the crypto prices because of the Coronavirus pandemic panic, Monero and other cryptocurrencies remain cheap compared to where they were a while back. You could purchase Monero from the CVMs at your risk. So, the concept of Monero improving privacy as a coin is big but the illegal use of the coin is also growing. Like BTC, Monero is governed by a virtual community of hundreds of developers without a centralized authority. If we want to see changes in the future, a certain crypto regulation must be put into action.
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