Cyph3rp9nk on Nostr: To all pro Monero You must differentiate between a good store of value and a simple ...
To all pro Monero
You must differentiate between a good store of value and a simple privacy tool.
An asset in which you can't verify its supply is not good for us to be the world's reserve currency and fight fiat, don't put Monero as an alternative to Bitcoin again if you don't understand this.
It's not me saying it, it's the Monero developers saying it.
“The third class is implementation flaws leading to undetectable inflation. Such flaws could arise in many ways, but are limited to opaque assets (like Monero or shielded Zcash) where it is not possible to simply count the currently-available supply. “
https://web.getmonero.org/2020/01/17/auditability.html
You must differentiate between a good store of value and a simple privacy tool.
An asset in which you can't verify its supply is not good for us to be the world's reserve currency and fight fiat, don't put Monero as an alternative to Bitcoin again if you don't understand this.
It's not me saying it, it's the Monero developers saying it.
“The third class is implementation flaws leading to undetectable inflation. Such flaws could arise in many ways, but are limited to opaque assets (like Monero or shielded Zcash) where it is not possible to simply count the currently-available supply. “
https://web.getmonero.org/2020/01/17/auditability.html