Before calling Monero a shitcoin ask yourself why in the stateless internet (Deep/Darkweb) there are more vendors accepting Monero than Bitcoin!
Bitcoin is better for savings, but for spending Monero is far better than Bitcoin my friends!
Discussion
That’s the thing in order for Bitcoin to destroy the brrrr machine it has to be spent. It cannot be stored. Storing it, is suppressing is own growth.
I never understood that about holders.
Because Bitcoin isn’t that great for spending, thats why my friend.
Lightning only works well if centralized.
Of course, the worst cash is spended first. Gresham law.
Even if true it says worst *money* not cash
The whole point is p2p electronic *cash*
According to Greshams law Bitcoin will never be used over the crypto. The incentive is to hoard it made worse because it is expensive to transact, non-private, and non-fungible Bitcoin makes for a much worse digital cash than Monero.
you are absolutely right in that way. Monero rivalize with lightning and liquid, dont have comparation with bitcoin. No reasonable person store value with monero or uses bitcoin to buy usual stuffs.
Then we agree I think.
But Monero is much more private and anonymous than Liquid or Lightning. Liquid doesn't hide sender or receiver (only amounts) and is also custodial. Lightning has bad receiver privacy and doesn't have to be custodial but most uses it with permission (LSPs) or custodially so have even less privacy.
