/biz/ - Business & Finance

>>15972448

let me explain to you why this is a legitimate project but sadly it is nothing more than another test bed for bitcoin

1) the proof of work ideology of not letting asic's on the network can't scale, and therefore long term the coins governance is weighted towards dev centralization

2) you can have privacy in bitcoin by using wasabi wallet and coin joins, yes it is more complicated and less user friendly to achieve privacy in bitcoin at the moment, but do you want a hard 21 million limit on your money or not faggot?

3) the project is literally 10x less scale-able than bitcoin due to the size of transactions, which is a trade off in engineering decisions the monero community made to achieve privacy

in conclusion what you end up with is a utility token (the only real utility token that exists right now, sorry shitcoiners) that has very very good privacy, but can't scale and long term has an insecure ledger, so it's not good to store your wealth in. bitcoiners already know all this, but shitcoiners know this coin has a low market cap and therefore you can make money off an alt coin rally. Use this information as you will gentlemen.

>>12526547

based and redpilled

>>12349305

this.

the high IQ's only hold BTC + XMR and use XMR to accumulate more bitcoins

>>11459921

BTC and XMR yes

>>11213103

10 pls

>>10938026

lol i actually bought 100 two days ago, don't wait too long anon.. this is the only coin with a use case outside of bitcoin right now

>>10935389

+1 :)

>>9926054

this

Some of you are alright. I am going to post this once and once only. I wil let you in on the next x20 coin.
Monero just forked into Monero gold, the circulating supply is low and the marketcap is less than 300m.
Major exchanges confirmed too, check their website
Don't fucking come and tell me you were not warned anon

Some of you are alright. I am going to post this once and once only. I wil let you in on the next x20 coin.
Monero just forked into Monero gold, the circulating supply is low and the marketcap is less than 300m.
Major exchanges confirmed too, check their website
Don't fucking come and tell me you were not warned anon