LOL i have seen you shill's say that on & off a few times.. but it's another LIE.
You guys have been saying it or at least implying or inferring it heavily since day one.
And tell me what good is a bloody ANON Altcoin that the dev later admits is only 80% secure'ish ?.
You guys have been saying it or at least implying or inferring it heavily since day one.
And tell me what good is a bloody ANON Altcoin that the dev later admits is only 80% secure'ish ?.
Monero is one of the very few crypto currencies that are actually able to be used for the only currency niche of crypto: "where fiat cannot go". Of course, that's essentially illegal, or non-legal, otherwise, there's a better fiat alternative available.
Now, if you want to do illegal or non-legal things, then you better use a tool that gives you SOME protection, and doesn't give you away right away and openly. This is why transparent crypto like bitcoin is a joke as a currency, even though most people using crypto for its niche application, dark markets, are still stupid enough to use bitcoin. One day, they will severely regret.
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Even more stupid thing is to stay in jurisdiction that is banning you from doing things you want to do. Changing jurisdiction solves most of such problems. Problem is biggest countries are also often biggest oppressors of invidual freedom but as long as world is divided, isn't one global country people always can vote with their feet.
Still human ability to think, solve problems and find someone else's solutions is great. Just most of ppl aren't looking...
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That said, "currency usage" is most of the time not what crypto is about. Crypto is about playing greater fool games and about playing something that banks were/are playing with when they gamble on complex derivatives: purely speculative assets. It is 90% or 99% of the usage of crypto. Its currency aspect is essentially almost negligible.
And you are perfectly right that for speculating and gambling, you don't need anon tech. You don't even need a working block chain, but it helps in drawing idiots in. As we can see with bitcoin whose block chain isn't really working well any more, that doesn't matter much.
And you are perfectly right that for speculating and gambling, you don't need anon tech. You don't even need a working block chain, but it helps in drawing idiots in. As we can see with bitcoin whose block chain isn't really working well any more, that doesn't matter much.
Derivatives might implode. Bitcoin doesn't. It's just still more like a stock or commodity than currency. But new cyrptocurrencies are going to change this. Ethereum added wholly new quality (while lacking some fundamental advantages of bitcoin). New players are comming to transform the way we look at bitcoin. Monero for now wins in it's category but you seem to not see that there are many not used yet categories (HEAT microtransactions, Veritas in decetralised finance, stocks etc). So your 90% will be decreasing in time with new utilities of bitcoin tech.
