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I'm not laughing at monero.

I think more "bitcoiners" should take it seriously.

Monero and litecoin and even doge should be given a little more respect as currencies.

You can spend them. That puts them in the same category as Bitcoin, seperate to all the other "crypto"

And unlike USDT they're not backed by fiat or bonds so they will probably survive the dollar crash that's inevitable.

If anything this attack against monero should be a wake-up call for more people to get involved, monero is the one thing you can't buy on crypto exchanges, it's being suppressed for a reason.

It serves a different purpose to Bitcoin, and the way mining monero works makes it more accessible to people who can't afford to invest in Bitcoin mining

Kayne 4mo ago 💬 1

You can mine monero with an old laptop you already own and exchange what you mine for sats.

It's privacy focused.

Just the fact that you can't buy it from crypto exchanges alone should be considered. That means the price is going to be tied more to its actual spending ability rather than speculation and wallstreet gamblers.

For saving money obviously Bitcoin only.

But for spending money? Anything that works as a viable alternative to fiat debt tokens should be considered.

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Discussion

Azz 4mo ago

Not saving in monero is a psyop.

Price is needed to attract hashrate which is needed to secure it and prevent 51% attacks.

Bitcoin is getting pumped with billions from wall street, but it is only 2x 10x pumps from the total global wealth. It can't sustain the price rises.

Monero is 400 time smaller than Bitcoin

If that's where privacy is going to go the market cap is much larger than 0.25% of Bitcoins.