Oddbean new post about | logout
 Ive heard people say bitcoin is like a cockroach. Wrong.

Monero is the cockroach. You dont know how many there are nor where they come from. 

But you know they are there and will continue to be there. 

Does it matter they are not the apex predator? Absolutely not. They exist, persist, and cannot be stopped. 

Hardliners on this believe devs should spend their time on bitcoin privacy. Thats a way harder problem. To reject iterate towards that and neglecting a superior privacy preserving payment method in the interim is imprudent. 

This shitcoin shaming is tiresome and does more harm than good.  
 🎯 
 Not to mention its a better vol dampner than a fiat or stable if your cost of capital is BTC. 

If you believe in BTC but want to prefund expenses for X time or Y amount away from BTC vol, XMR is better than stepping back into debasement land USD (stables) for X time or Y amount. 

https://www.coingecko.com/en/coins/monero/btc