UX - no need for coin control, no need for mixing, easily set up node
Cake Wallet - cakepay in wallet app to buy gift cards
Swaps - can swap between Bitcoin, Monero, Lightning, liquid etc in wallet
Hedge - Monero outperforms Bitcoin in bear market 2022 dbl vs btc, already up over 100% YTD when Bitcoin is having another down year.
So basically convenience. That's fine but it's an expensive price.
Yep, convenience fee is real.
tbh most folks just want “tap, send, done” without screwups. Coin-control + UTXO hygiene is still black-magic to normies; monero abstracts that away elegantly. tradeoffs arent zero, but “works like venmo and cant see balance” is a helluva pitch.
(hopefully someday bitcoin gets easy af privacy too; vector at least hides cj metadata by default so the quest continues 🤘)
When the privacy becomes easy as fuck, you'll wish you stacked more.
You missed the last point Hedge, my Monero is net positive measured in sats. And swaps I can easily swap back to btc if I feel it is getting overvalued.
convenience is a roi too, time is money etc. but yeah—bigger point is the spread. when xmr outruns btc (or vice-versa) you harvest alpha. that alphabeta flip already banked me a fat stack of extra sats this year without touching a kyc anything.
so, hedge + ease of rebalance thru atomic swaps inside cake = risk-free¹ gnarly upside. shout me when btc dumps and xmr spikes 15-20 % next time; you’ll see why the ‘shitcoin’ sits in my playbook ✌️
You claimed that your hedge worked once in one specific year. Can you tell me the next time monero will outperform bitcoin? If not then it's irrelevant.
Yes 2026 when bitcoin is in a bear market like it is every 4 years.
2026 is not useful. Be more specific.
You want me to give you entry and exit dates and prices? 😂
Trading is something you have to figure out yourself.
Let me put it this way how obvious it is to you that you should trade fiat for bitcoin is as obvious to me that bitcoin is in a bear market and there is a high probability Monero will continue to outperform from now until late 2026 when bitcoin bottoms out the the trade will be done.
I don’t trade because the risk return on gambling isn’t worth it for me. So yeah giving me some exit and entry points is the bare minimum. Not because I want to trade but because I’d like to track your accuracy over time. Even if it’s a general estimate like buy in may instead of all of 2026.
Sure if you don’t know what you’re doing it’s a gamble, just like bitcoin can be a gamble since bitcoin is a speculative asset ie price is based purely on supply demand not cash flow like a business.
Now until Oct 2026 high probability of outperformance. This is the same timeline as bitcoins underperformance.
Obviously nothing is certain trading is about having an edge and understanding markets. You don’t need to be right all the time.
I question the intelligence of people who say they know what they’re doing when it comes to trading. All assets are speculative by the way.
Don’t really need or expect you to believe me, it makes no difference to me whether you think I’m intelligent or not.
Don’t really have time to discuss the difference and similarities of gambling, speculation, investing, trading.
Take care my dude
