this post was submitted on 23 Jul 2023
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Monero
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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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This is in the context of money. BTC and ETH have uses but currency is not one of them.
You can pay with those, and most payments are made in BTC. It looks like money to me.
Unless the mempool is backlogged then you cannot pay with those.
Yea well that's a thing that happens with some cryptos, but you don't always need the transaction to go through immediately.
Yes, cryptos that are not designed to be used as currency. Hence Monero.
or that were but suffered from their success
Nope, BTC was crippled on purpose to prevent it from ever being used as currency. ETH was just a bad design from the start.
Who killed Bitcoin? (2022) https://odysee.com/@QuantumRhino:9/Who-killed-Bitcoin--(2022):8
Sorry, but I donβt have time for a 44mins video
The only thing that kills btc is the small block size