Replying to Avatar BitcoinStu

If you have a need for absolute privacy, and you can find a way to purchase Monero, and then the person you are trying to transact with will accept it, it's a good option.

But if you are betting on the Monero network appreciating in value faster than Bitcoin, I think you're going to lose that bet.
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tuco 1y ago

Everyone has or should have his own approach according to the needs. The beauty is on the eye of the beHODLER.

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BitcoinStu 1y ago

Sure. If I was going to buy drugs online or hire a hitman I would probably try to use Monero, assuming I could find a way to purchase some.

My needs are for a generational store of value and for that Bitcoin is unrivaled. This is demonstrated by the actual market price of Monero which is down 94% against bitcoin since it's high. This reflects it lack of adoption, legal troubles, and difficulty in buying and selling it.

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Saberhagen The Nameless 1y ago

Irony is you sound exactly what TradFi and corpo bobbleheads were saying about early Bitcoin in your first sentence.

Again, all that is tangential to permissionless transactions. White market transaction will not help you with that. You're going to regret being so heavily dependent on KYC CEX reliance and hyper focused on price in the long run.

Here are more metrics for adoption aside from the tunnel-visioned pricebois:

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