10 sats \ 8 replies \ @birdeye21 21 Aug 2023 \ parent \ on: Which sub should I choose? meta
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.
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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okay
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even though I like monero
No more soup for you
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I also think so. To keep a large amount of money rather not but to buy something, for example, in the darknet or somewhere else and that no one sees my transaction.
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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.
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