- When using Kraken to buy Monero, aren’t you concerned about potential data breaches that could lead to identity theft?
- How secure is Kraken when it comes to protecting user information?
- If you use a no-KYC exchange like CakeWallet, aren’t you worried about potential government investigations?
I live in a EU member country
Thanks to Monero, I can have a server and domain even when my card is not working die to sanctions. And even when payment with a card is possible, there are still niches where one’d prefer crypto: even a transparent currency like Bitcoin, let alone Monero, is LEAGUES easier to use anonymously than a card/paypal/etc.
There are indeed tons of scams in the space - usually related to people wanting to get rich off of it. But there is legit useful tech too, and it should be separated from “cryptobro” space.