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bitcoinpoorguy 比特幣傢伙 🇭🇰

While we're laughing at Monero, don't get too complacent.

Kayne 4mo ago 💬 4

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

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Discussion

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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bitcoinpoorguy 比特幣傢伙 🇭🇰 4mo ago

That’s the correct attitude 👍🏻

shortwavesurfer2009 4mo ago

The level-headed take shown here is incredibly appreciated. Thank you.

vlada 4mo ago

I don't really care about shitcoins tbh