Subnostr

And yet it still works better than Bitcoin for the average user. No point in saving in Bitcoin if it's too expensive to spend. That store of value loses a lot of value if you have to spend half of it on network fees.

B.O.P 2y ago

If monero was increasing in purchasing power against bitcoin *maybe* you can make that argument that this is the take of the free market. It’s lost purchasing power every year since inception against Bitcoin in an exponential downtrend

Reply to this note

Please Login to reply.

Discussion

Fiat Shenanigans 🤡🌎 2y ago

Bitcoin apologists tap dancing around the fact that high network fees break Bitcoin is so tiring. Stop pretending that Bitcoin is perfect. That doesn't help anything. Bitcoin has problems that need to be addressed for it to succeed globally as a payment network, and covering your ears and yelling "la la la la la!" Doesn't solve them. Rejecting solutions that Monero is proving out because of some tribalistic pride is ignorant.

As I said originally, #Bitcoin is NOT guaranteed to succeed.

B.O.P 2y ago

It’s worked pretty well for 15 years so it’s not unfounded ignorance. I think the only people pretending here are the people that think Monero can substitute for Bitcoin as a store of value or unit of account. Even in dollar terms it has lost purchasing power in real terms since inception.

Let me ask you a question, do you run a bitcoin or monero full node?

Fiat Shenanigans 🤡🌎 2y ago

Less than 1% of the global population is using it. What happens when the other 99% try to use it? Nothing has been proven yet. Bitcoin still has to prove itself.

B.O.P 2y ago

You’re going to be waiting a long time 🤣

Fiat Shenanigans 🤡🌎 2y ago

I run both. Have for a long time.