/biz/ - Business & Finance

>>57319708
You were bulshitting about Lyn Alden's statements. I simply pointed out what he actually said.

And Monero hasn't fixed shit, low fees are a product of a smaller user base (tx count currently 21X less that Bitcoin) and lower security (miner revenue 415X less than Bitcoin). A free ride is easy when the stakes are lower.

>>57320195
I am certain you can buy milk and eggs from way more people with Bitcoin than with Monero.

>>57321921
>highly unpredictable and prone to wild fluctuations
pic related. volatility has been going down since inception

>>57322575
>a tenfold increase in fees would probably result in a 100-fold decrease in usage
That makes zero sense. If usage dropped that much, fees would go down because there would be no demand for blockspace. The reason fees are high is because demand is high. Fees are entirely a product of demand.

>silver supply has stagnated with production decreasing
Silver supply has stagnated/decreased with its consumption as an industrial metal. It is almost entirely used for its utility now, which is why its such a poor money.