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No they arn't. P2P payments protocol. Nearly DEAD - sweet FA activity on the blockchain in terms of payments - thus FA fees to fund security. Ripe for capture and control by the corporates and governments. Which is their agenda. Its now just a speculative commodity for corporate sharks and NGU remoras.
I just don't understand what happened. This is an era of inflation, lack of trust in institutions, plus ever-diminishing privacy.
People have to KYC for goodness sake just to use social media or watch porn. How long until "getting online" itself is KYC?
Meanwhile society is like - peer to peer cash? Not needed. Don't want it.
Bitcoin was # 1. Monero was # 2. Monero got wrecked for being # 2... and it is currently dying to a shitcoin that rents hashrate.
Bitcoin is slowly fading away due to apathy, greed, and laziness.
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