4thecross on Nostr: #Bitcoin has been hijacked thanks to KYC, custodial wallets, and rich investors. ...
#Bitcoin has been hijacked thanks to KYC, custodial wallets, and rich investors.
Seems to be real simple now, in my opinion:
Bitcoin is digital gold, a store of value, a hedge against inflation. Absolutely yes - buy it, save in it, and hold it. The reality is we are still in the USD system and that will not change. So if you’re in for “number go up,” then just admit that. Nothing wrong with that if you’re just aware of it. We’re all in the same financial system, so I understand, especially because Bitcoin has already failed what it set out to do.
#Monero on the other hand, is digital cash. It seems to be the only money that actually held onto the values and mission that Bitcoin was supposed to hold to and solve. So get some Monero, and SPEND IT. That’s the purpose.
They both have utility. It’s annoying to see that Bitcoin maxis are so anti-Monero for no reason. Like stop and think for a second — why? I have not seen a single legitimate reason other than “BTC is worth more in USD” which misses the point entirely. Stop calling it a “shit-coin” simply because it isn’t Bitcoin. That isn’t how it works.
If Bitcoin was a threat and was succeeding in the mission it was supposed to be accomplishing, it wouldn’t be available to purchase on an exchange. Monero on the other hand, is getting delisted.
Before (if) you reply in disagreement, keep it civil. Way too many butthurt people recently for no reason.
Seems to be real simple now, in my opinion:
Bitcoin is digital gold, a store of value, a hedge against inflation. Absolutely yes - buy it, save in it, and hold it. The reality is we are still in the USD system and that will not change. So if you’re in for “number go up,” then just admit that. Nothing wrong with that if you’re just aware of it. We’re all in the same financial system, so I understand, especially because Bitcoin has already failed what it set out to do.
#Monero on the other hand, is digital cash. It seems to be the only money that actually held onto the values and mission that Bitcoin was supposed to hold to and solve. So get some Monero, and SPEND IT. That’s the purpose.
They both have utility. It’s annoying to see that Bitcoin maxis are so anti-Monero for no reason. Like stop and think for a second — why? I have not seen a single legitimate reason other than “BTC is worth more in USD” which misses the point entirely. Stop calling it a “shit-coin” simply because it isn’t Bitcoin. That isn’t how it works.
If Bitcoin was a threat and was succeeding in the mission it was supposed to be accomplishing, it wouldn’t be available to purchase on an exchange. Monero on the other hand, is getting delisted.
Before (if) you reply in disagreement, keep it civil. Way too many butthurt people recently for no reason.