Quote
However you weren't able to define terms clearly enough to persuade me of your view.
I really wasn't attempting to convince you - as part of the XC team that would go against your self interest. Let me put it another way.
Anon currency's value is being able to do transactions in said currency. Only way to do a transaction is if everybody agrees on a currency (the only reason a currency works is because a doctor needs food from a farmer and a farmer needs services from a doctor. And a currency allows them to exchange services but not at the same time because they "agree" on said currency)
XC has a market cap of less than 10% of the leading market cap anon coin. (I own none of them). This is what happens when you don't have consensus around a coin. If I want to use it for an anonymous transaction it's worthless to me if we are talking much money. If there are more than 5 people in the world who want to do a $5,000 transaction in one day. Then XC is out of the question.
And yes - this is a direct result of consensus vs marketing.
Love how you come in and FUD the project while completely missing how the business case of XC is. Please continue so everyone can see how stupid you are
I am not "FUD" (Fear, Uncertainty & Doubt) anything. I'm simply explaining why XC is useless when it comes to currency. There is not enough volume to trade it on exchanges for a widely/wider accepted currency. There is not enough of a community to turn it itself into a widely accepted currency (PoS vs PoW). If my worldview is right which I'm fairly certain it is. Then XC is only going to lose most of you money at the expense of the early adopters.
FUD is completely different than explaining why a currency idea / project will not work.
