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    me commented  · 

    There are people here who argue that there are other cryptocurrencies out there which offer just the same amount of privacy as Monero (esp. Dash, Pivx, ... Verge).

    As of now, anyone who has done their research knows that there currently is no serious competitor to Monero in terms of privacy. Dash's privacy is optional and somewhat centralized (there is a trusted party), and Verge is pure snake oil.

    Yes, Monero's fees aren't the lowest, but they aren't unreasonable either considering the untraceability Monero provides. You can choose the low priority setting in the CLI or GUI and only pay a fee of one to two dollars, and your transaction is probably still going to get included within the next two blocks. Don't let yourself be confused by the outragingly high "withdrawal fees" exchanges ask for. That's all for profit.

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