TheGrinder on Nostr: Monero is younger than Bitcoin and it doesn't have to compete with Bitcoin but rather ...
Monero is younger than Bitcoin and it doesn't have to compete with Bitcoin but rather co-exist. Ring signatures might not work for pegging BTC 1:1 on liquid but again, Monero doesn't have to peg against Bitcoin. At the end of the day it's just another currency and you either have use for it or you don't.
Would I swap my stack for Monero? Hell no!
Do I own "some Monero? Yes. But I have use for this currency while I don't have use for most other currencies.
Long story short. It's not for everyone. It doesn't have to be and it doesn't have to be the "next Bitcoin" either.
Published at
2024-11-17 11:07:01Event JSON
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"content": "Monero is younger than Bitcoin and it doesn't have to compete with Bitcoin but rather co-exist. Ring signatures might not work for pegging BTC 1:1 on liquid but again, Monero doesn't have to peg against Bitcoin. At the end of the day it's just another currency and you either have use for it or you don't.\n\nWould I swap my stack for Monero? Hell no!\nDo I own \"some Monero? Yes. But I have use for this currency while I don't have use for most other currencies. \n\nLong story short. It's not for everyone. It doesn't have to be and it doesn't have to be the \"next Bitcoin\" either. ",
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