this post was submitted on 17 Aug 2024
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Both are useless as payment in the real world at any meaningful scale ATM.
I pay for my VPS and domain with Monero. It will never be as big as Visa, but it doesn't have to be - it has its niche.
It's not unfortunate. It's not accepted as currency because it does none of the things currency is for.
Holding a consistent value.
Volatility in a currency makes it completely and utterly useless.
Moderate, relatively steady growth is not remotely comparable to routine wild fluctuations.
The inherent nature of a currency not managed intelligently by a competent government.