Global Feed Post Login
Replying to Avatar Louferlou

Lots of different metals could have been used instead of gold as money (platinium, palladium etc) but gold won everywhere on earth for some reasons, timing reason mostly (to costly to extract back in the day etc...)

Monero may have the required quality to be a good money but it's not perfect either, and it already lost the race against #Bitcoin IMO (again a timing and network effect issue)

Their is more txs in 7 bitcoin blocks that in a whole day on the monero network.

Avatar
Saberhagen The Nameless 2y ago

Of course, not surprising Bitcoin has more total transaction count. It's mcap is ~300x larger than Monero. But it's transaction count is only ~20x larger

Monero has ~8x more use proportional to mcap and growing lions share of the freest markets on earth

Reply to this note

Please Login to reply.

Discussion

No replies yet.