Damus
Daedalus · 11w
Yeah I've been open and honest about those three facts regarding Monero. What limitations/aspects do you want more information about?
MAHDOOD profile picture
The only information that matters is which money will win. Because like I said before, money is a winner take all game. If bitcoin wins, even with poor privacy at the base chain level, what are you going to do with monero? It's not liquid enough to handle large transactions. Large whales selling can severely affect the price. So if you punt the store of value and just want to use it as a medium of exchange, then it is going to suck in that aspect as well because it's not liquid enough. So what reason is there for me to believe that monero will win over bitcoin? Why should I convince myself that the world will suddenly start caring about privacy and not care about purchasing power?
Daedalus · 11w
I don't believe it's a zero sum game since, historically, money has never been a zero sum game. There have always been different currencies with varying levels of dominance. Even now, the USDs dominance has waned significantly since the world wars. xmrbazaar.com gets more listings every day it seem...