Replying to Avatar SLCW

Do you think we'll see mass adoption of Monero similar to Bitcoin? Because in order for a transaction instrument to be truly useful, it has be widely accepted. I feel like it's still a niche coin.
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Hanshan 1y ago

If adoption is the most important metric then stick with USD. Monero is essentially where Bitcoin was 7-8 years ago.

There wont be any sort of mass adoption of monero until theres a crisis. Runaway inflation or a 6102 type event.

Which is why people dont think they need monero until they do.

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SLCW 1y ago

Sadly, I fear one of those crisises is on the horizon.

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Hanshan 1y ago

Well in the short term anyway,

Bitcoin number go up.

but its well on its way to being a regulatory captured part of the investment landscape.

on a longer timeline monero is where people should be IMO

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Aion 1y ago

BTC can be useful as a store of value, but monero is best for transactions.