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Monero is made for times like this.

Stable, while the rest of the market gets dumped on by "investors" and those who love CEX to manipulate prices for their own gain.

When it comes to stability nothing is more important than usage. Real money appreciates in time of crisis while assets get sold off for real money, one wants to use to master the crisis.

Bitcoiners will need to learn that the equation contains both supply and demand. And Monero's supply is exceptionally small (for security reasons) while demand is exceptionally high in the real market. Talking about non custodial exchanges, DEX and atomic swaps. Not price faking CEX.

ede3d957... 1y ago

To expand on it: I don't care if your coin is capped, when it can get fractionally reserved in CEX and it can not be used in meaningful everyday transactions because fees are to high and non custodial usage of LN is too cumbersome for 97% of the people.

When CEX can be used to manipulate prices to indirectly control miners.

When non fungibility further endangers the users and therefore limits its potential as money.

And if longterm security depends on highly volatile fee markets that can easily be gamed (amplified).

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Discussion

ede3d957... 1y ago

Monero is THE incarnation of cypherpunk money.

Speculate with Bitcoin if you want to play fiat games.

BUT:

Always use Monero. Use DEX. Use atomic swaps. Use private chat. Use Graphene. Use Tor. Mine yourself. Run your own node to increase your privacy even further.

goatmeal 1y ago

bitcoin UTXOs worth $50 or less have become unspendable more often than the solana network has crashed. lightning doesn't fix this.