Every #Monero user keeps proving my point – #XMR is merely a tool, or as I like to call it, a pseudo L2 for #Bitcoin.
The fact that Monero has decent trade volume while very small market cap, further proves my point. No one wants to hold it, because users know it has no true value.
It's a #shitcoin with a particular utility for a very small amount of people. Unless you are on shady Darknet Markets or hiding from FBI and other 3-letter agencies, you don't need Monero (as I said in my initial post). For the majority of users, #Lightning, #Liquid, and #Mixing will be enough to maintain decent privacy.
Monero gets #1 volume on #Bisq because almost no #Bitcoiner uses it. It's a shit application, requires installation, you have to accept "User Agreements", has a built-in shit token (BSQ), has "DAO" shit, and their site is filled with Google trackers.
I don't hate Monero. It's just a tool, a good one for those who need it. My problem is with Monero Maxis, who not only hate Bitcoin, but also think 'Monero Standard' will ever be a thing.
Skipper
npub12r…l8ty9
2024-01-27 20:03:21
in reply to nevent1q…wgjx
Author Public Key
npub12rrvutnfeu9677d4yjytypqccjn0njnm6zkx2j6xyn2uqfw02ldsrl8ty9Published at
2024-01-27 20:03:21Event JSON
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"created_at": 1706385801,
"kind": 1,
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"content": "Every #Monero user keeps proving my point – #XMR is merely a tool, or as I like to call it, a pseudo L2 for #Bitcoin.\n\nThe fact that Monero has decent trade volume while very small market cap, further proves my point. No one wants to hold it, because users know it has no true value.\n\nIt's a #shitcoin with a particular utility for a very small amount of people. Unless you are on shady Darknet Markets or hiding from FBI and other 3-letter agencies, you don't need Monero (as I said in my initial post). For the majority of users, #Lightning, #Liquid, and #Mixing will be enough to maintain decent privacy.\n\nMonero gets #1 volume on #Bisq because almost no #Bitcoiner uses it. It's a shit application, requires installation, you have to accept \"User Agreements\", has a built-in shit token (BSQ), has \"DAO\" shit, and their site is filled with Google trackers.\n\nI don't hate Monero. It's just a tool, a good one for those who need it. My problem is with Monero Maxis, who not only hate Bitcoin, but also think 'Monero Standard' will ever be a thing.",
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