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It's still pretty early in the adoption phase. I think cryptocurrencies still have room to appreciate in value. As for Bitcoin, it will still probably increa
by Casseres 9y ago
It's still pretty early in the adoption phase. I think cryptocurrencies still have room to appreciate in value.
As for Bitcoin, it will still probably increase in value, but I believe Monero will increase more.
A lot of people have the misconception that Bitcoin is anonymous, but it's a public ledger. It's not fungible - a key requirement for any currency. Monero is fungible and is what people thought Bitcoin was originally. If you want financial privacy, use Monero.
Bitcoin will most likely always be considered "crypto gold" though, so if you decide for yourself that it's not too late and want something safer, you probably will do okay by just buying Bitcoin.
- ldiracdelta 9y agoBitcoin could be tulips[1] instead of gold. Low transaction throughput and the insane lack of privacy for transactions via the public ledger. I concur more with your Monero position. [1]: https://en.wikipedia.org/wiki/Tulip_mania https://en.wikipedia.org/wiki/Tulip_mania