this post was submitted on 23 Jul 2023
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Monero
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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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Do you know why this happened to tether? All tether on polygon was removed. If it can happen with tether I see no reason why it can't happen with XMR.
https://tether.to/en/transparency/#usdt
This is a good reason to not trust random shitcoins like tether and XMR
Have you guys considered paying in BTC or ETH instead?
While we are big fans of both BTC and ETH, we appreciate the financial privacy that comes with XMR for operations. :)
Tommy from AllArk
Fascinating. How does XMR offer better "financial privacy" over existing cryptos like USDT, BTC and ETH? Sounds like just marketing buzzwords to me.
Tell me how XMR is immune from crypto custody.
https://www.coindesk.com/learn/what-is-crypto-custody/
LOL, BTC/ETH is trash compared to XMR.
Not trash, just different. Itβs not Monero or nothing, thereβs place for multiple crypto and multiple use cases.
This is in the context of money. BTC and ETH have uses but currency is not one of them.
You can pay with those, and most payments are made in BTC. It looks like money to me.
Unless the mempool is backlogged then you cannot pay with those.
Yea well that's a thing that happens with some cryptos, but you don't always need the transaction to go through immediately.
Yes, cryptos that are not designed to be used as currency. Hence Monero.
or that were but suffered from their success
Nope, BTC was crippled on purpose to prevent it from ever being used as currency. ETH was just a bad design from the start.
Who killed Bitcoin? (2022) https://odysee.com/@QuantumRhino:9/Who-killed-Bitcoin--(2022):8
Sorry, but I donβt have time for a 44mins video
The only thing that kills btc is the small block size
XMR is an ETH your argument is invalid.
You are ignorant. XMR has nothing to do with ETH.
What?