{"id":247049,"date":"2020-01-15T06:48:35","date_gmt":"2020-01-15T11:48:35","guid":{"rendered":"http:\/\/insidebitcoins.com\/?p=247049"},"modified":"2020-07-09T13:18:10","modified_gmt":"2020-07-09T17:18:10","slug":"monero-identifies-biggest-challenge-to-it-as-adoption","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/monero-identifies-biggest-challenge-to-it-as-adoption","title":{"rendered":"Monero Identifies Biggest Challenge To It As Adoption"},"content":{"rendered":"
Monero is world-renowned when one thinks of privacy coins, so much so that it\u2019s become a household name among crypto community members. Even so, it\u2019s been suffering these past few years due to those very strengths. The lead maintainer<\/a> of the Monero network, Alexander Blair, or Snipa, has recently spoken out about the various challenges Monero will face in the future.<\/p>\n Snipa was quick to identify the biggest one, in his eyes: Adoption. The problem comes from a large amount of competition that comes from the privacy coin market. Furthermore, Snipa believes that it won\u2019t be straightforward for vendors to accept Monero coins<\/a>, instead of some exchange-based workaround.<\/p>\n He explained that it\u2019s still relatively easy to buy Bitcoin<\/a> to buy various products, should you not be within the bounds of the US. However, the use of Bitcoin as an intermediary doesn\u2019t really help the Monero ecosystem all that much. If you boil it down, using BTC as a third-party intermediary takes Monero out of the cashflow.<\/p>\nNeed For Adoption Paramount<\/strong><\/h2>\n