• 0 Posts
  • 8 Comments
Joined 10M ago
cake
Cake day: Sep 10, 2023

help-circle
rss

OK that’s pretty cool actually. I hope it works out without the pitfalls of Bitcoin and other crypto.


But is it still deflationary? I may be wrong, but I feel like any currency that is deflationary over inflationary encourages hoarding instead of spending.


I think that’s a big reason I’m so pro-privacy. I’m sure if the US weren’t a couple steps ahead of you guys towards fascism, I’d prioritize other things, too. Hopefully you all can stop the march towards the right of your government before it gets worse.


How does Monero avoid the problem of Bitcoin? Of just being used for investment and not currency?


Anonymity is important for various reasons. You can’t predict everything bad a government will try to do to stifle freedom that a person may want to avoid. Off the top of my head, I could see someone trying to pay for an abortion or something like that in a southern state where it’s illegal, for health reasons to save their own life.


Same. So far it’s doing the job but I wonder if there’s some reason I should switch to one of these others?