Daedalus's avatar
Daedalus _@daedalus.website 1 month ago
Problem with this is that Monero is a better private store of value (not really its purpose anyway) AND certainly a better medium of exchange. As OFAC sanctions encroach upon non-KYC BTC UTXOs we'll see a squeeze of nonKYC Bitcoin and thus the adoption of Bitcoin will be bifurcated sharply between the regulated KYC UTXOs and the non-KYC "Tainted" coins. This is already happening with high AML risk coins like those in coinjoin, it's only getting worse.
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Meyer's avatar
Meyer Meyer@primal.net 1 month ago
Cool story! You have people in this thread that are telling you they like monero and support it but they also like and appreciate bitcoin. What do you honestly want from people? Hate to break it to you but as hard as you monero bros try, monero will likely never be widely adopted as either a medium of exchange or a store of value. Best case is that it remains a way for people that need to operate in black/grey markets to exchange value outside of the surveillance state which many of us support and should make you happy
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