Monero @monero.town shortwavesurfer @monero.town 7 mo. ago

Monero mentioned in the news

"That’s why, while almost no one pays for coffee with bitcoin, many use the privacy coin monero (XMR) to buy this or that"

https://www.coindesk.com/opinion/2024/06/14/mass-adoption-would-ruin-crypto-keep-it-a-niche/

9 comments

I paid for a lot of coffee and pizza with bitcoin, but that was back when the fees were reasonable
- Oh, so did I when fees were reasonable. I used to use Gyft all the time to obtain Starbucks, groceries, etc. Now that is totally unthinkable. Bitcoin for that use case is dead.
  
  I still use it for $500 gift cards. But if you know of a legit source for cards to Amazon that accepts xmr, let me know
- so you're the guy
  
  A lot of us did. But this was about 10 years ago.
This is the guy we’re dealing with here LMAOO
Oh god i can imagine a sad corporate drone slogging away at their keyboard with a GPT4 tab open thinking they’re so smart for producing such a masterpiece

Although some quotes are valid, like this one

“ The risk of growing adoption is that new entrants aren’t aware of Bitcoin’s core principles: decentralization, self-custody, hard money, etc. If new entrants don’t learn, understand, and espouse these core beliefs, the features that make them reality may not remain in the protocols over time”

Which I kinda agree. i think crypto is a special place where technology doesn’t exist in a vacuum. Cryptocurrency provides people with currency, so it is inherently a place where technology is deeply intertwined with the community that use that currency. How people use the currency is as important as the technology itself, and as long as we stick to our core principles of untraceable cash we’ll be unstoppable. Of course there’s a place for degen moon trading but I can see that less in our community.

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