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15 sats \ 0 replies \ @takaponka 16 Jul 2023 \ on: Even XMR a shitcoin for BTC community? bitcoin
Be careful by what you call Bitcoin community.
Monero is a tool that works as private digital cash, proof is free markets (aka black markets) are often forcing their users to use it, some even stop accepting Bitcoin, because lots of clients buy BTC on CEX and transfer funds directly to "illegeal" platform without using any provacy tools.
Monero privacy is by default, it's proof of work too. Don't see interest in holding it tho, it's a spending tool for me.
If LN was stable enough for big payments and private by default I would use it but it's still not the case.
I know many come to lynch me here but is my humble opinion.