i want to get in on monero, would now be a good time? its at 169 dollars on coinmarketcap
I think monero has huge growth capacity. Its pretty good anon tech. Still needs to get better, but they have plans for that. I think the tech is still using the 1/6 stuff that makes you like 99% untraceable, but one more tiny upgrade and Monero will probably become truly untrackable no matter what. At that point anyone looking to avoid taxes would be....
Whew... It would be pretty fukking hard to chase them down if they worked at it. That's what I think Monero is going to benefit from. The issue is, governments will have a real legit reason to want to kill Monero. Like seriously kill or heavily regulate it. It would be currency that's spendable, tradeable, investable and able to be cashed out completely invisible around taxes with zero chance of recourse.
I cannot imagine any government allowing that to exist for long before coming for them nikkas necks. It's a risk man... I mean, anyone can just NOT report their gains, but if they audit you or the exchanges they can find you. Monero could make finding you impossible. And it would be easy as fukk to use. Even the common person would be able to just buy monero with their bitcoin and scrub their whole trail easily.