I am not sure how Monero fixed bridging the global economy, which the majority still sell product and services only for fiat, into anything.
Not to mention those who held onto Monero instead of Bitcoin, has diminished in purchasing power relative terms.
Both can exist at the same time. People are free to choose. But P2P solution is currently sorely inadequate nevertheless
If would put your money on BNB on the last 6 years it would outperform bitcoin.
Cryptocurrency is NOT about casino-style speculation. If you want to speculate with coins then learn Forex since speculation is a thing for virtual coins.
The word "crypto" means "hidden" in latin.
You never got privacy with that bitcoin.
Snowden just told you the same thing.
McAfee said the same.
It was from the start a coin designed to make easier tracking of drug transactions. There is a reason why it isn't used any longer on the underground.
You don't even find it suspicious that governments are promoting bitcoin while at the same time shutting down monero which keeps on surviving at a good price.
You're in this field just for the casino aspect of the coins and that's OK, just avoid mixing that with privacy and freedom.
Monero has its utilities, mostly as a stop gap for privacy transactions. But it has little chance to become the world’s store of value, medium of exchange, adefacto of account. To do so it requires a market cap and liquidity large enough such that there’s small enough volatility to be half of all of the world’s transactions. Its simply not happening.
Monero is the short time preference version of Bitcoin where it cannot wait for price stability and privacies properties to emerge. These properties are slow to emerge on Bitcoin because of the need to be a ‘sly and roundtable way to introduce something they can’t stop’. In fact, Monero is effectively slowed, if not already stopped, because its simply not sly enough. Monero is the idealistic but impossible perfect that is in the way of the practical and already working good that is Bitcoin.
Medium of exchange and privacy properties will continue to improve on Bitcoin, at a rate that will not overly alarm, and effectively penetrate the authoritarians. Only Bitcoin has a chance to truly separate money from the state and become the one defacto money for humanity.
Monero is already separated from any state or government machine. It is the crypto currency used today on the streets to buy stuff.
You didn't bought bitcoin 10 years, why would you buy monero now.
Just don't complain that nobody told you about this earlier.
Monero is not only separated from the state. It’s separated from the entire economy at large. It is not separating The Money from the state tho. Monero is not The Money and never will. Bitcoin can be.
