Which country will be the first to adopt a Monero Standard? \ stacker news ~bitcoin

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Which country will be the first to adopt a Monero Standard?

150 sats \ 25 comments \ @thebitcoinbugle 18 Nov bitcoin

Different countries appear to scrambling to front run the Donald to adopt a Bitcoin standard at breakneck speed. It's going to get out of control. Some of them will adopt shitcoiners just like the Chinese adopted silver back in the day. It's interesting to speculate on which countries are going to adopt which shitcoins first.

I'm curious who you all think will adopt a Monero standard first?

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31 sats \ 0 replies \ @DarthCoin 18 Nov

20 sats \ 6 replies \ @Butterfinger 19 Nov

North Korea, as it's the main headquarter of CIA

0 sats \ 4 replies \ @yo2xncv0 27 Nov

Funny because Bitcoin uses SHA-2 family which was designed by the NSA. Monero doesn't.

https://en.wikipedia.org/wiki/SHA-2

21 sats \ 3 replies \ @thebitcoinbugle OP 28 Nov

That's why I personally stopped using the internet because that was also a US government project.

0 sats \ 0 replies \ @yo2xncv0 29 Nov

I know you're joking, but agree with your point. Tor was a government project too.

I'm not saying I believe Bitcoin/internet/tor is necessarily co-opted because of that. My point is if someone wants to make these claims, ok, well lets be consistent and see what that line of logic leads us to conclude about Bitcoin.

0 sats \ 1 reply \ @Butterfinger 28 Nov

I wonder how you're using SN without using the internet lol

0 sats \ 0 replies \ @thebitcoinbugle OP 28 Nov

The same way much of my type writer also uses SHA 256 encryption.

0 sats \ 0 replies \ @thebitcoinbugle OP 19 Nov

Very good theory

10 sats \ 1 reply \ @Butterfinger 18 Nov

Neverland

0 sats \ 0 replies \ @thebitcoinbugle OP 18 Nov

Area 51?

10 sats \ 4 replies \ @xz 18 Nov

It is definetly going to be either Monaco, Mongolia or maybe Montenegro.

0 sats \ 3 replies \ @thebitcoinbugle OP 18 Nov

Did you just pick countries that start with m?

10 sats \ 2 replies \ @xz 18 Nov

:(self_facepalm_emoji:)

14 sats \ 1 reply \ @thebitcoinbugle OP 18 Nov

My money is on the great country of Somalia

10 sats \ 0 replies \ @xz 18 Nov

Funnily before I saw this post, I was looking at some GH userpage, there were so many useful libraries for crypotography in general (some Monero things too.)

I consider Monero to be one of the better communities. I have no idea if it has been wise to hold some.

If Somalia has any energy wealth, it should totally mine some and do the national reserve thing, encourage onboarding of Monero development and wider cryptography development. Let's face it, name of country + coin has always had an appealing ring to it, adoption of something might be the way?

Well, not to rave about it but some small countries have done pretty well mining whatever they could.

10 sats \ 3 replies \ @Coinsreporter 18 Nov

Interesting but fictional question.

0 sats \ 2 replies \ @thebitcoinbugle OP 18 Nov

Which country do you think from your professional opinion?

20 sats \ 1 reply \ @Coinsreporter 18 Nov

Shitland.

10 sats \ 0 replies \ @thebitcoinbugle OP 18 Nov

Country must be so private I've never heard of it. Would make a lot of sense

0 sats \ 4 replies \ @alt 18 Nov

I think it will depend on which countries adopt a Bitcoin standard first. If the US decided to adopt Bitcoin, I could see Russia, China and North Korea adopting something else. Conversely if China settled on Bitcoin first, the US might choose something different.

In the end, everyone will be on Bitcoin. Just some will bankrupt themselves first by choosing easier money.

0 sats \ 3 replies \ @thebitcoinbugle OP 18 Nov

North Korea and El Salvador have been on a Bitcoin Standard for quite some time

0 sats \ 2 replies \ @alt 18 Nov

El Salvador I know, but they aren't what I would consider a "big player". I don't think there's going to be any countries that would choose an altcoin just because El Salvador is using Bitcoin.

North Korea is news to me though, have they actually adopted a Bitcoin standard or are they just saying they have?

10 sats \ 1 reply \ @thebitcoinbugle OP 18 Nov

They claim Kim Jong Un is Satoshi. They are so orange pilled and Bitcoin media ignores it because a Bitcoin president like Kim is unpopular

20 sats \ 0 replies \ @alt 18 Nov

That's mental. You've given me a rabbit hole to go down tonight.

0 sats \ 0 replies \ @thebitcoinbugle OP 18 Nov

This is bait for @DarthCoin