Really wack take, before bitcoin there was no way to save or avoid government currency debasement, eventually we’ll have better privacy and faster cheaper transactions. Ngu or having your currency not be debased is an incredibly important feature that monero Donkies and others completely ignore #monero #xmr #bch #btc #retards

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Where is he disagreeing with you?

Well until that happens we have Monero to fill that digital cash role

Ngu is freedom, freedom from debasement. He’s acting as if it’s one or the other and plenty of monero users/holders act like that too. It’s almost as if they’re Keynesian central bank pawns

Privacy was the central theme of the cypherpunk origins of bitcoin, not this emerging culture of treating it like an afterthought. You can't have freedom without privacy. And Ngu means nothing if you can't use it as a currency because it is too expensive to transact.

Monero has less inflation than gold. Would you say gold is being debased? There is a major difference between a central party having special privilege to arbitrarily print money out of thin air at virtually zero cost VS PoW/mining it

Yes gold failed for a reason, and sound money is hoarded first then becomes a currency later.

Makes no sense to use something that doesn’t even have 2% adoption

Pros, cons, and similarities to each one.

Eventually failed as *currency* because the world economy globalized (expensive to move with any frequency like Bitcoin) not because gold has small yearly inflation. Because golds extremely long and stable history it is *still* way more popular today than Bitcoin around the world.

By that logic makes no sense to use Bitcoin either. Doesn't even have 2% adoption versus fiat money.