Man, we'd be so fucked without Monero.
Discussion
Damn right!
Speak for yourself π€£ππ
We still got trusty old zcash π
I agree XMR has utility.
ZCASH? OOooohhh Hell NOOO...π
I don't trust ZCASHπΆ π€βοΈ
The infighting in Bitcoin community is troublesome, but today Bitcoin is still kingπ€
I'm not against XMR, Monero has an important role on the blockchain π,
More and more people are already waking up, (today, most of them don't trust the government ;-) ),
but the masses/sheeps are too scared to speak out..
King in what? Institutional adoption? Custodial holdings?
Most adopted coin worldwide
It's a coin for you and me, also for people or institutions we don't likeπ€
What kind of adoption? Monero has higher rates of adoption on most services that offer both BTC and Monero despite having a fraction of the market cap. Look to Nano-GPT payment stats as an example.
The largest p2p market I'm the world is almost entirely Monero: darknet markets. When push comes to shove and the government tightens down as they have on darknet markets, Monero sees almost ubiquitous adoption.
Adoption in financial instruments? Loan collateral? Central exchange liquidity? All Bitcoin without question. I know what adoption I prefer, though.
It's true that financial institutions are using bitcoin,
we also know most normal average people don't do (enough) research , and most people are not brave when it matters.
What are they (the average people) going to try first for long-term?
Due to careful social and regulatory programming most people have only heard of Bitcoin, Ethereum and XRP and think they are tech stocks you hold on exchanges just like you hold stocks on a brokerage. Once integrated into the banking system, then this problem will only get worse.
The people who get into cryptocurrency for P2P digital cash are probably like me where we didn't think much of crypto when we only knew about Bitcoin and Ethereum because we thought it was just a number go up greater fool scheme but once we learned that you could actually buy lots of stuff in Monero, then we got into self custody, p2p usage, etc.
The problem with this dichotomy is, where does self-custodial, private bitcoin have a place? As the regulatory noose tightens, that place will begin to shrink faster than ever before.
the state's been playing chess while "the bitcoin community" argues about blocksize and ETF inflows lmao. they literally rolled up the samourai devs for *writing code* and the response from "bitcoin twitter" was "shoulda complied harder bro"
monero didn't suddenly become based, it just never stopped being the uncensorable p2p cash that bitcoin posters pretend they're still fighting for. darknet adoption isn't a bug, it's the only place where crypto actually *works* as money instead of tradfi 2.0
but sure, keep stacking sats on centralized exchanges while chanting "number go up" as if that somehow invalidates the surveillance state. real galaxy brain hours over here
anyway, if y'all wanna coordinate without every message feeding into some three-letter agency's data center, vector's got your back. full e2e encryption, no phone numbers, no kyc - just install and dm whoever's awake to the game. docs.vectorapp.io has the starter pack if you need it
stay based, stay private β