61 sats \ 39 replies \ @DarthCoin 21 Aug 2023 \ on: Which sub should I choose? meta
Don't do shitcoining, it's a sin.
Don't waste your time with that.
other coins > bitcoin
bitcoin isn't future of crypto
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Bitcoin is not the future. Live in your bubble and cut yourself off from information. If you're looking for something private, bitcoin is as bad as bank accounts. Anyone can find out who was the sender of any given transaction. In the current world where more and more countries are introducing CBDC and want to surveillance citizens Bitcoin is also not the best way to anonymize your expenses.
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In your opinion, what are better alternatives?
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Monero has a private blockchain and transactions that you won't see without a key, and cheap transactions. Of course, I'm talking about the technology itself and not the price, because the price depends on the market and you can lose value, but everything in the world around us gains and loses value once. In my opinion, if bitcoin had an additional layer of privatization it would be a very great digital cash.
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As a monero guy you are, please try fucking with this guy...
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Put anonymization into BTC and I'll convert all my XMR into BTC
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Who in the right mind will give his BTC for your shity XMR?
NOBODY.
You will die with your shitcoins.
can you explain why the market is overvaluing Bitcoin but undervaluing Monero then?
If we're stuck looking at things only as they are today, is the market just not seeing Monero's obvious technical advantage?
XMR is still over 80% off its 2017 highs against BTC -- even after the flood of money that entered the market in 2021. Is that really a trend you want to bet on long term?
How sure are you that BTC won't be able to "solve" its problems, and that XMR will be able to convince the market of that?
Best of luck.
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Monero is undervalued because people prefer not to have privacy and anonymity. Look at the average people. They use Android, Windows, macOS, iOS.... Which track them every now and then. The same way they use Facebook, Instagram, Google Search, Youtube.... I could list a lot of it but that is not the point here. People are not interested in their own privacy and not to mention anonymity. That's why people don't open up to Monero additionally Bitcoin is more famous. If there was an additional anonymizing layer on Bitcoin it would be a top 1 digital cash.
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is it undervalued, or fairly valued? Given the market's lack of care for privacy.
I really do applaud you if you've truly outsmarted the market.
How do you know if there is no a inflationary bug ongoing at the moment draining the value of your coins ? How can you validate this ?
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My usual strategy:
- identify the shitcoiner, maybe is recoverable some way...
- try getting him on the right path
- if is non-recoverable, never debate with him, is wasting time.
As I explained in my guide
https://darthcoin.substack.com/p/for-who-is-writing-guides-darthcoin
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Bitcoin is not the best investment if you want to earn a lot. It makes smaller moves from bull market to bull market. As for the "right path", I am also a fan of BTC but I am not only BTC and open to other projects where I can make money. Of course I also accept your opinion and choice but don't force people to your views on crypto and BTC.
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No, I'm just not only BTC and what's the problem? Just the truth hurts in the eyes that there are better projects?
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Have you heard about DAO hack in Ethereum back in 2016, which then led to hard-fork, and split to "Ethereum" which returned hacked funds by altering blockchain, and "Ethereum Classic" that maintained the original one?
Long story short: Shitcoins are centralised, bitcoin is not. That centralisation would kill most of them in decade or two at worst.
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there is a lot to consider when it comes to "better" projects. one factor is, will it still be around in 2025 or 2027
there are cryptocurrencies that were created a few years later than bitcoin and still exist today
have you studied austrian economics for example?
I'm not australian 🤣
As far as I can see, the arguments of these "True Bitcoiners" are the same as those of normal people when bitcoin was created, i.e.: bitcoin will collapse, bitcoin is a scam, bitcoin is a financial pyramid, etc.
In my opinion, the crypto community should unite and not divide
I'm bringing hotdogs you want one?
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Why not?
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