I just have people download green wallet then turn on tor so they can have some privacy (most don’t use a VPN) and then send them some bitcoin. They check the price often and the NGU is what brings them in. I haven’t found success trying to teach them the technology.
They’ve been talking about adding a lot of features for a while but most have not been implemented. I’ve been asking for a while for replies to tag other users in the thread. Doesn’t seem like that was done.
Don’t insult me, I haven’t insulted you. If you’re not capable of having a civil discussion then I’ll just mute you.
If there is no supply cap and the supply growth never stops, then the maximum supply is infinity. On an infinite timeline, the supply of monero trends toward infinity.
Idk why that’s hard to admit. That doesn’t mean monero can’t be useful in other ways. USDT is a shitcoin with an infinite supply but is still useful.
I guess that’s where we differ. I think gold is a shitcoin too. Gold shares a lot of the qualities of other shitcoins. Obviously no maximum supply, we can find gold in the ocean and in space. You can’t trade large quantities of it across large distances efficiently. You can’t cross borders with your wealth in it. Its effective use needs a 3rd party. Gold was good at one point in the past on a small scale but it’s not great today.
Fair. So the tradeoff is that everyone on the monero network pays for maintaining the network through inflation whereas everyone on the Bitcoin network pays to maintain the network when they transact. The main takeaway is that everyone has to pay in some way.
I don’t really have a problem with monero. But a lot of monero shills come at me very aggressively and it’s pretty annoying lol
I value privacy but I have concerns about whether monero is liquid enough to function as a p2p cash alternative when I’m ready to spend my bitcoin. Large bitcoin whales buying in and selling out of monero is not practical because it’ll make the price more volatile. I know bitcoin is volatile but that’s part of the feature of bitcoin. Monero being volatile isn’t a good thing since it is being strictly used for transacting. Monero staying a small project and flying under the radar is probably best. Mass adoption is not realistic imo.
The holders paid to secure their wealth when they initially moved their funds to their wallet. It’s just that there isn’t an ongoing cost to holding it. But wealth that never moves is not beneficial. At some point they have to move it and pay a cost.
I think that energy will become cheaper over time but also that bitcoin will become more valuable over time as well. The subsidy continues to shrink but Bitcoin’s value continues trending up while hash continues to rise along with it.
Time will tell.
I’ve been thinking about this. The price pump hasn’t really made me happier. Bitcoin doesn’t make you happy, but it can make things more affordable which helps lol but Im holding forever so I need to find another way to be happy 😂
Man I was looking at the replies and saw this little bug on my screen walking around so I tried wiping it away multiple times then I scrolled down and realized it was your picture lmao
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