What is the hard cap of monero? How many are there?
Discussion
Monero is hard capped by time.
The trade-off is long term security vs a hard cap by consensus.
Lmfao so there is no cap
So you are one of the cringe Bitcoiners celebrating BTC's hard cap on security?
I keep my laughter for later.
Not going to argue semantics. your depreciating stack of shitcoins is totally private im sure but you dont have much in terms of economic security without owning bitcoins. but at least no one knows how much capital you lost lmao
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So no surprise this is what it looks like.
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Noobs: "The market has spoken".
Me: "Noobs simply love to buy high and sell low".
Also Bitcoiners: The market has spoken. But not when it is bcash outperforming BTC in a bull market.
You want to be taken seriously. Start to be more consistent with the messages you are sending.
Iāve tried to be reasonable and am advocating to bring some of the best privacy ideas from monero into bitcoin via second and third layer solutions but you seem to be committed to your base token.
Unfortunately that token xmr is losing value against bitcoin and will not serve the function of capital preservation. -this āanti-fiat use caseā in my thesis is the most effective way to separate state power over money. Not by larping anon with some depreciating privacy token to buy coke with online.
Monero is not good money and I doubt very much it would even help protect from a full outright effort by fincen or equivalent targeting.
So letās agree to disagree and see how things go
You know you can own both, right?
This is what I canāt understand, if both have different use case why not own both if it improves our financial freedom š«”
Because blind faith is just that blind - faith.
Ironically blind faith is not what you would expect from smart leaders, but good old sheeples maxis love to hate on day in and day out.
I use everything that is useful and gives me max. protection.
As an early Bitcoiner I am your look into the future.
Bitcoin will reach max capitalization within the next x10 (in comparison to the gains I have already seen since 2010 it's ridiculous to even think about risking everything by putting it on a trackable ledger). After full capitalization as digital gold $15T Bitcoin will also behave like it. Meaning it protects you against boring inflation without the investment characteristics. But by then you will seek privacy over more gains for your stack, just as I seek privacy for my stack today.
Google is your friend... or not š