147 sats \ 0 replies \ @tomlaies 22 Aug 2022
I bet Monero would be Market Cap nr.3 but they probably have a bug in their unique tag which leads to an inflation bug that nobody has discovered yet. That's what happens when you choose the complicated cryptography stuff instead of simplicity and elegance of Bitcoin and solving stuff in L2.
reply
155 sats \ 0 replies \ @nout 22 Aug 2022
I'm just waiting for a practical implementation of both sides of atomic-swaps in normal wallets and at that point Monero will just become a seamless Bitcoin privacy side-channel...
reply
47 sats \ 1 reply \ @sandbeach123old 22 Aug 2022
Simple, people care about other things too.
IMHO the causes that justify that are quite a few, from the more technical to less:
- Codebase less known than BTC, BTC types (ltc, doge) and ERC20 tokens.
- Less plug and play node options.
- Devs less known, seems a small group acording to the MRL chat activity and GH-GL.
- Mining less profitable (unless with a botnet)
- Wallet blockchain sync is way slower (and prone to fail) than all BTC wallets (node, neutrino, electrum, SPV, custodial). Syncing up a mobile monero wallet on the street with low connectivity after a few days of inactivity is a real challenge (+30 minutes from my experience using TOR)
- Coins are unsusable before 10 confirmations, including change coins.
- Institutions less likely to adopt/accept it.
- Less diffusion among newcomers.
Bitcoin scores better in every single point.
A dog coin scores better in at least 5 points.
Privacy is important and I appreciate monero for that, but there are many other relevant aspects.
Again IMHO.
reply
20 sats \ 0 replies \ @allark 23 Aug 2022
Very reasonable post :)
Have you tried syncing after the recent update? Now it syncs super fast.
With you on the confirmation lock though. That definitely needs optimization.
Tommy from https://allark.io
reply
111 sats \ 0 replies \ @iguano 22 Aug 2022
why so much monero propaganda on a bitcoin website.
reply
5 sats \ 0 replies \ @moneroshill 22 Aug 2022
FUCKING DOG COINS REEEEEEEEEEE
reply
1 sat \ 0 replies \ @faithandcredit 22 Aug 2022
Most people wont care about privacy or decentralization until its too late i think
reply
1 sat \ 0 replies \ @Satoshonalro 22 Aug 2022
"without comparison"
Dog Coins (shitcoin) is the whales' speculative playground.
Don't fall for the trickster's tale.
Monero will gain a lot of visibility with time and adherence
reply
0 sats \ 0 replies \ @03b80453b5 23 Aug 2022
It seems like everybody forgot about mimblewimble by now.
GRIN deserves more love.
reply
0 sats \ 0 replies \ @TheBTCManual 23 Aug 2022
Privacy only gets priced in once they start making an example of a few people, theres a lot of people doxing themselves so plenty of low hanging fruit to go after just make sure you're not one of them
reply
0 sats \ 0 replies \ @tech5 22 Aug 2022
It is not all about price. The supply matters also.
reply
0 sats \ 0 replies \ @allark 23 Aug 2022
We support Monero on our store, BTC and Lightning too :)
Tommy from https://allark.io
reply