Rod on Nostr: Always following and learning of all things crypto currencies, watching the rise and ...
Always following and learning of all things crypto currencies, watching the rise and fall of many non sense projects, the rise and fall of some interesting projects misguided by greed and lack of transparency but the Monero case is one of its own.
The more I learn about the XMR technology the more impressed I am, I wish we could add some of it to Bitcoin so BTC could ve used as money suppose to be, private, anonymous and secure.
A layer 2 solution with the features of Monero is a must for BTC, meanwhile, a very nice gold 2.0, holding and when required to spend online with your private wallets , you need to perform a coinjoin for spend or an atomic swap into a brand new wallet to spend it...Not ideal as money unless you are in a CEX and you just don't care about your privacy and you just care about price appreciation and nothing else, IMO most non tech savvy people, which is the majority.
Monero will be prosecuted, demonized and attacked to exhaustion, yet, it will survive everything for it is designed for that and better at it than any other token.
Now, the price appreciation of Monero is a very interesting development to watch, a free market once all CEXs drop it will decide the price, meanwhile watching the price moves while is dumped by others like Kraken will be interesting, the utility of the token as a payment token is clear and widely used by the tech savvy... Time will say
Published at
2024-02-11 20:10:39Event JSON
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"content": "Always following and learning of all things crypto currencies, watching the rise and fall of many non sense projects, the rise and fall of some interesting projects misguided by greed and lack of transparency but the Monero case is one of its own.\n\nThe more I learn about the XMR technology the more impressed I am, I wish we could add some of it to Bitcoin so BTC could ve used as money suppose to be, private, anonymous and secure.\n\nA layer 2 solution with the features of Monero is a must for BTC, meanwhile, a very nice gold 2.0, holding and when required to spend online with your private wallets , you need to perform a coinjoin for spend or an atomic swap into a brand new wallet to spend it...Not ideal as money unless you are in a CEX and you just don't care about your privacy and you just care about price appreciation and nothing else, IMO most non tech savvy people, which is the majority. \n\nMonero will be prosecuted, demonized and attacked to exhaustion, yet, it will survive everything for it is designed for that and better at it than any other token.\n\nNow, the price appreciation of Monero is a very interesting development to watch, a free market once all CEXs drop it will decide the price, meanwhile watching the price moves while is dumped by others like Kraken will be interesting, the utility of the token as a payment token is clear and widely used by the tech savvy... Time will say\n\n",
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