1 sat \ 3 replies \ @TheBTCManual 31 Jul 2022 \ on: For those who dislike Monero…why? bitcoin
While their push for privacy is admirable and it's great for people who want to have some privacy I don't see the point in holding it unless I just want to obscure a certain payment, of which I don't have much use for that.
Since we don't have much oversight on supply and issuance, it's hardly something I would want to hold. Can monero be a layer people could use to swap in and out of sure, but as more privacy tech comes to bitcoin it erodes the use case for it,
I am not against people creating privacy innovation, just not about to fund it with my labour
Monero’s use as a privacy layer is indeed unparalleled and one of the best use cases for it.
Monero community focuses more on using it than its number go up.
And that’s quite a reasonable viewpoint you have!
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Out of interest, have you tried running a monero node? I have not yet, would like someones take on the experience vs bitcoin
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Yes :)
It’s pretty simple. Downloaded official Monero GUI and then just let it do its thing.
Takes a while to sync but if you’re low on storage can run pruned.
Also can mine on a decentralized pool on your PC, option is there in the GUI wallet. Not gonna be making any bank but maybe like a $1-$4 per month on a standard PC.
As simple as Bitcoin but here’s the noticeable differences
- Can mine with a click of a button
- Way more options to configure
- Better UI but that’s neither here nor there.
Pretty much
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