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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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