For many people, anonymity is a big downside. There are lots of people who like the idea of public transactions because of the “got nothing to hide” mentality and they feel public transaction information would prevent people from getting ahead that aren’t abiding by the rules as stringently. XMR needs to come up with decent sales pitch.
Everyone can reveal their transactions. They can hide nothing if they want. But they also dont need to be afraid to get dirty coins. That is big problem of transparent ledger coins. You and exchanges and everyone else have to make extra effort to be sure what kind of Bitcoins he got. With Monero you have zero worries since each Monero is totally same as all the rest.
@cool4y, This is called fungability. It is the most important aspect of a privacy coin.
