Could the attacks of the last month on the world of cryptocurrencies by governments around the world bring Monero back into the limelight?
The Monero blockchain, for those who don't know, has always been focused on privacy since 2014 and investors in the latter period have rewarded it with a consistent positive sign.
The institutionalization of major cryptocurrencies is pushing investors to re-evaluate all those projects that put privacy at the center of their functionality.
The interference of governments in the cryptocurrency sector to try to regulate them and bring them back into centralized and controllable systems, on the one hand increase their visibility and diffusion even to those who are not in the criptos sector, on the other they affect the trend of the crypto markets.
There is never a shortage of news of governments wanting to ban cryptocurrencies in their country the last case is that of Turkey.
If for a moment we believed we were close to independence from traditional financial and economic systems thanks to cryptocurrencies, unfortunately this is not the case, the battle is not over yet.
There is still a lot of work to be done to be able to do without financial intermediaries or at least not be conditioned by them.
Returning to Monero there will soon be some news regarding its ecosystem.
In fact, it will be integrated within THORchain, which would include XMR in one of the best DEX networks currently available on the market.
We will see what the future holds for this increasingly strategic asset that today's bullish analysts see as capable of reaching a long-term target of $ 650.
I want to close my post by reminding those who will turn up their nose hearing about this cryptocurrency that it is not entirely correct to continue to associate only Monero with criminal behavior when other coins are also used to carry out illicit exchanges and illegal trafficking in the deep web, first of all Bitcoin.
The arrival of large centralized banks in the decentralized world of cryptocurrencies has never stopped worrying enthusiastic cryptocurrency pioneers, seeing the issue as a dangerous invasion of freedom.
In short, Monero yes or Monero no? What do you think about it?
Thanks for reading my post.
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