Monero is a good currency. The value is obviously privacy. However, the classification as a shitcoin is from bitcoin maximalists.

If you would like a more thorough explanation of this, please let us know. But we can offer a brief examination.

Bitcoin maximalists are so for several reasons. So, by definition, anything else is a shitcoin. But maximalism of any sort, is generally not a good idea. A good crypto currency user will understand that monero serves a different purpose than bitcoin.

With the main feature of monero being privacy by default, as opposed to bitcoin's transparency by default, bitcoiners have to follow a few more steps to be as private as monero. This alone deters many folks.

Studying both currencies will only strengthen you. If we can offer one though, it would be the tried and true: you can spend in monero, but save in bitcoin.

#bitcoin #monero #privacy #cybersecurity

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