Why wouldn't i just save in monero?
Discussion
Privacy means more complicated supply audit process which might mean it always loses the contest of value growth (unclear though)
Paper bitcoin has created more bitcoin then the protocol dictates and your worried about not understanding how to do monero supply audit?
Paper Bitcoin isn't Bitcoin and I feel full certainty saying that
Idk if Monero could have counterfeit coins on its chain so I wouldn't put too much of my savings in Monero
Thats a you problem for not auditing
Nope, there's no point auditing when it would be too complex to explain to everyone and thus not change the result that Monero is perceived as potentially having counterfeit coins
Why did you even need this explained? Seems like you're discussing this in bad faith, wasting my time with bullshit
Have at it. Not saying anyone shouldnt, but for me, thats for spending not saving. Diversification.
I think thats a current time issue that we have to deal with but on a long enough time frame the money will be chosen. In the 19th century you didn't have to diversify the money everyone was in consensus that it was gold
And silver and copper... at minimum
Those where scaling solutions
What do you mean?
People used silver and copper because they couldn't reasonably carry and pay with gold flakes of gold for coffee. The exchange rate was often price controled by the gov for example 15:1. When the gov removed those price controls the free market heavily preferred gold and it sucked up the liquidity from the economy.