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Monero {XMR} gears up for upcoming hard-fork; majority of exchanges adopt a vague stance

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According to a post on Reddit [penned approximately a day ago], exchanges such as Huobi, Bittrex, Exrates Trade Satoshi, and 22 more haven’t put out a verified response stating they are ready for the hard-fork which shall occur in a matter of weeks. This shows that centralized exchanges are still hesitating to move forward with Monero, which has garnered negative attention from regulators, agencies such as CipherTrace, and lawmakers across the world.

You see, politicians have the right to penalize whosoever they feel deserves to be punished. They believe their actions are beyond the control of law and order. I have been watching a Korean show recently titled, “Task Force 38”. In it, the protagonist says, “The Law is the Bully”. The rich are spared by departments associated with taxation, while the poor are squeezed dry by these protectors.

This inequality has persisted since time immemorial. The law will always be hard on those struggling to make ends meet, but officers will look the other way when moronic buffoons with deep pockets commit a crime. So why Monero? Because it will help you overcome this double standard, and won’t ask you to validate your existence. Because by using it, you are setting yourself free from the shackles brought unto you by the claustrophobic society. No one has the right to dictate how millions should live.

Monero is ranked at #13 beneath Cardano but to the north of UNUS SED LEO in the market. The trading volume recorded stands at roughly $268.315 million, while the supply has 17,294,178 XMR coins in play as part of circulation. The price rose at a rate of 2.35% in the course of the past 24-hours; this, in turn, led to Monero heading all the way up to the $64.15 mark where it currently holds.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.