Tuesday, January 17, 2023

Hypothetical Monero situation


full image - Repost: Hypothetical Monero situation (from Reddit.com, Hypothetical Monero situation)
Hi there!I was discussing Monero with a buddy who has not heard about it before. I am not expert at all and we debated about whether there was a chance for a government/corporation to effectively "take over" or control the network/value of Monero with enough money by bying up tokens.How does Monero avoid a hostile take-over of the currency?Is there a hypothetical situation where Monero could be toppled in this way by a government or corporation?Sorry if this was supposed to go into r/Monerosupport but it felt like more of a theoretical question and that's why I'm here.Thanks in advance for any answers.


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