Replying to Avatar Gotchfutchian

Oh. BTC shilling in here, huh? Do we need to have a chat about Monero? (only actually privacy respecting cryptocurrency, is stable due to prevalence in black markets, proclaimed digital cash, etc.)

TBH, it's the only one id consider an actual currency replacement to fiat because of its privacy.
54
nobody 2y ago

Looked through your profile and it’s waaayyy above my head. I’m assuming your a programmer of some sort.

Please do meet you.

I’m more into social commentary and the arts.

I also have a decent “nose” for extrapolating.

Monero is more private…but in a world where one of the biggest issues is accountability…I suppose BTC would be best for a world reserve currency…for the governments to settle and be audited.

And Monero, a kind of “layer 2” for citizens and other more individual folk.

It’s not the duty of every person to be set to the open standard of money BTC embodies; but it is the government’s.

Flaw for individuals (perhaps) but certainly not for centralized authorities.

Reply to this note

Please Login to reply.

Discussion

Avatar
Gotchfutchian 2y ago

Accountability still isnt an issue on monero (atomic transactions were implemented a while ago), but i do see where you are coming from.

54
nobody 2y ago

I no almost nothing about monero; but simplicity is a feature when it comes to global reserve and settlement, as is transparency, etc etc.

But it’s also sustained with nodes that are cheap/free. Allowing plebs to hold the reigns as well