Global Feed Post Login
Replying to Avatar Cyph3rp9nk

One rule that any method has to comply with is that it has to maximize its exposure to bitcoin, that is, coins can hardly spend minutes in Monero for example because otherwise you expose yourself to the loss of purchasing power, which is what bitcoin was created for, that is why I consider that in itself Monero is an oxymoron to the founding principles of bitcoin, Monero does not work to protect you from Fiat currency devaluation, it does not even beat inflation.

So please don't you Monero supporters come here and say just use Monero and Monero is what Bitcoin should have been because Monero has not achieved any of the main goals of Bitcoin.

For me Monero is just a privacy tool.

nostr:note1rxhe9cmka8ghymysg3p95e4e7p7dn2tvrjm5qmqgg0d5epwf2krqkqg7e0

Avatar
MonkeyRidesBike 1y ago

Monero is cool but not as long term storage, and a CPU infrastructure can be overtaken note easily than ASIC

Reply to this note

Please Login to reply.

Discussion

Avatar
Cyph3rp9nk 1y ago

🎯

Thread collapsed
Avatar
brito 1y ago

Only chineses farms and rich yuppies are mining bitcoin. There are more odds that those agree on changing the blockchain than millions of decentralized miners across the globe on their personal laptops.

Thread collapsed
Avatar
S!ayer 1y ago

lol

Thread collapsed