#Bitcoin people who have issues with #Monero I'm asking this out of genuine curiosity, why do you care if people like and use monero? I would prefer you actually explain your views a bit because I'm actually wanting to try to understand your view.
Discussion
If you're the US government you probably have issues with the Yuan, but that doesn't mean there's anything wrong with it.
Personally, I'm all in on Bitcoin, but I think a true privacy coin is an important tool to have.
Privacy is a human right whether you to choose to exercise that right or not.
Some of them gambled in 2011 to 2015, and won. And now, they think everyone else should listen to them just because they got lucky that one time.
Because they know Monero is a real rival, and a truthful censorship resistante coin 😎💪🏼
Not many bitcoin Maxi's even know why they don't like it. They just talk shit on things for the sake of it because they've not done the research or they aren't privacy focused (which they should be). Monero is a beautiful pairing with bitcoin
I actually kinda like monero, but there are a few possible problems people have with it.
1. Tail emission. This is probably the biggest problem maxis have with monero, I think it's overblown, it's a constant tail emission, not percentage based.
2. Verification of the actual number of coins in existence. One can't see the balance of accounts, so one can't verify this. Again, I don't consider this a huge problem, as this is also true of gold. However, maybe there was a pre-mine we don't know about.
3. Tribalism, fear, etc. They're heavily invested in Bitcoin and don't want any competition. I think there is space for a few different coins, Bitcoin probably always being the biggest, but Bitcoin and Monero are complementary until Bitcoin has a very fast, cheap, high tps and private layer 2.
This is really old FUD
And? Any of that false?
In other words, mostly true
Yes. I was in agreeance unless you missed it
I can’t speak for anyone else, but I don’t care if other people like and use Monero. However I can say why I don’t.
In my opinion the Bitcoin supply cap, as well as the extremely high assurances that this cap will remain unchanged, is the most important aspect feature of Bitcoin. A supply cap and the verification thereof is something that Monero sacrifices on the alter of privacy, which is why I’m not interested myself.