I am not against monero but this statement has it flaws. They talked about volume (dollar valued) instead of transactions. Which means people who has Moreno is more open to give away their coins rather than bitcoin owners.
Yes, we could argue that Moreno incentive to spend more (last year have been more stable than bitcoin). So it could be more easy to use it as MoE. Same happens with fiat vs cryptocurrencies (in general). As the same happens with people from Argentina/Venezuela who spend more their national currencies than the dollar they hold.
https://x.com/shopinbit/status/1889593410149032334?s=46
Yes, we could argue that Moreno incentive to spend more (last year have been more stable than bitcoin). So it could be more easy to use it as MoE. Same happens with fiat vs cryptocurrencies (in general). As the same happens with people from Argentina/Venezuela who spend more their national currencies than the dollar they hold.
https://x.com/shopinbit/status/1889593410149032334?s=46
1
