Monero isn’t a shitcoin
Discussion
I know your heart is in the right place.
It’s great for spending privately and effortlessly *today*
Who the phuck gonna spend wen we gotz the world next reserve currency??? #BTC!!!
It will be one of the best cryptocurrencies worth 0.
Then when will it be on nostr?
There are already paid relays where you pay in XMR
when clients?
I can’t zap u
#[0] latest update having issues, I can't send; so taking a break from receiving until I can send again.
Endless inflation, not decentralized, stupid asic resistances, etc.
It is an shitcoin sir!
Literally none of those things are true.
Learn up, son: https://sethforprivacy.com/posts/dispelling-monero-fud/
Even if everything is wrong, this doesn’t change anything!
Bitcoin profits from network effects, which means „winner takes it all“
No one need the second best social media, the second best online market platform or the second best crypto currency.
In my eyes that fact alone ranks Monero as shitcoin like every other coin.
Fair enough. In my eyes your definition of "shitcoin" is fucking stupid.
Shitcoins are not useful for anything other than speculation. XMR is clearly useful. Increase in adoption on darknet markets prove this.
Yeah, but that’s not really a use case for normal people who just want to live there lives.
Which means the only use case is for illegal things. And only till the point someone finds a way to trace Monero payments. At this point the next Coin will be used.
In my opinion monero is noting for mass adoption.
Maybe I‘m completely wrong and everyone will pay in monero one day, but I don’t think so.
GN & PV 😊
Normal people don't go around sharing their bank statements with everyone they transact with
Yes, the same way a hammer is the #1 tool for every job
Or the same way competing brands and social media platforms don't exist
Explain how it's a store of value bro
