The Merits of Monero: Why Monero vs Bitcoin

First things first: Why use cryptocurrencies at all? Cryptocurrencies allow fast, inexpensive payments to and from anywhere in the world. There are no wire transfer or check clearing fees, no multi-day holding periods, and no risk of fraudulent chargebacks. Due to lack of centralised control, cryptocurrencies cannot be shut down by any one country. Cryptocurrencies…