Monero’s use as a privacy layer is indeed unparalleled and one of the best use cases for it.
Monero community focuses more on using it than its number go up.
And that’s quite a reasonable viewpoint you have!
Out of interest, have you tried running a monero node? I have not yet, would like someones take on the experience vs bitcoin
Yes :)
It’s pretty simple. Downloaded official Monero GUI and then just let it do its thing.
Takes a while to sync but if you’re low on storage can run pruned.
Also can mine on a decentralized pool on your PC, option is there in the GUI wallet. Not gonna be making any bank but maybe like a $1-$4 per month on a standard PC.
As simple as Bitcoin but here’s the noticeable differences
Pretty much
While their push for privacy is admirable and it's great for people who want to have some privacy I don't see the point in holding it unless I just want to obscure a certain payment, of which I don't have much use for that.
Since we don't have much oversight on supply and issuance, it's hardly something I would want to hold. Can monero be a layer people could use to swap in and out of sure, but as more privacy tech comes to bitcoin it erodes the use case for it,
I am not against people creating privacy innovation, just not about to fund it with my labour