BitcoinStu on Nostr: Monero is terrible as money far worse than bitcoin. It's a worse store of value, it's ...
Monero is terrible as money far worse than bitcoin. It's a worse store of value, it's accepted less places so it's a worse medium of exchange, and it's just as bad as bitcoin as a unity of account due to it's wild fluctuations in purchasing power.
Monero is good at one things, making secret payments when you are trying to hide your financial transactions
Published at
2024-08-29 12:24:26Event JSON
{
"id": "19b789a55910417323e6b2e4e6b868dc1f29e82f015998d2ce3332a32c5e3079",
"pubkey": "e75960285a603026fbca0ff2f0bed5acf12c1994fa2b00686fd17bd4307dafb8",
"created_at": 1724934266,
"kind": 1,
"tags": [
[
"e",
"f6c33b30192129732c5bee4e879c2a0b336e9a2ccb2d498e2cf12de19eb9279e",
"",
"root"
],
[
"e",
"12459f786dc901de7574b8f18a10d0aa1618014d16bd3b81e4cf14e632d5cb4a",
"",
"reply"
],
[
"p",
"ede3d957774e5d5c79664b5b50f53170e9024d76c90d99fca9324a3cc9795382"
],
[
"p",
"c3ab196962a53944afdc3525dbbadbae8b592dbb09b8ae16cac27f969911f5f5"
],
[
"p",
"00000001fc52245d2da96009b6827e896d583ee5189ae26509df7ec51e5eed21"
],
[
"p",
"b9e76546ba06456ed301d9e52bc49fa48e70a6bf2282be7a1ae72947612023dc"
],
[
"p",
"e75960285a603026fbca0ff2f0bed5acf12c1994fa2b00686fd17bd4307dafb8"
]
],
"content": "Monero is terrible as money far worse than bitcoin. It's a worse store of value, it's accepted less places so it's a worse medium of exchange, and it's just as bad as bitcoin as a unity of account due to it's wild fluctuations in purchasing power.\n\nMonero is good at one things, making secret payments when you are trying to hide your financial transactions",
"sig": "0d83fbac4233afe216f350a979bcb178d5c150c7089096d7622ce4070884bb086f18c43758c2566b6a0698917896ec84900997906d1c2be17e14580297b35e1a"
}
