Lucky Kite on Nostr: I love the idea of Monero, and there is nothing wrong with the crypto itself, but if ...
I love the idea of Monero, and there is nothing wrong with the crypto itself, but if you can't purchase goods with it then its privacy is irrelevent. I don't want to live in a world where everything I buy must be bought on illegal markets. For that reason I believe Monero, however perfect its privacy and utility is, will never be used as a currency. If I can't buy food and fuel with it, its not that useful. If I can't buy anything else with it either except on black markets then its really not going anywhere further than it is today because its an absolute certainty that no govnt on earth is going to allow mass use of monero.
Published at
2024-03-13 10:27:32Event JSON
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"content": "I love the idea of Monero, and there is nothing wrong with the crypto itself, but if you can't purchase goods with it then its privacy is irrelevent. I don't want to live in a world where everything I buy must be bought on illegal markets. For that reason I believe Monero, however perfect its privacy and utility is, will never be used as a currency. If I can't buy food and fuel with it, its not that useful. If I can't buy anything else with it either except on black markets then its really not going anywhere further than it is today because its an absolute certainty that no govnt on earth is going to allow mass use of monero.",
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