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Ideally Monero would replace Bitcoin when buying things. Monero is more like cash than Bitcoin is. Unlike Bitcoin, paying with Monero doesn't immediately give
by Casseres 9y ago
Ideally Monero would replace Bitcoin when buying things. Monero is more like cash than Bitcoin is. Unlike Bitcoin, paying with Monero doesn't immediately give away your balance and transaction history. Monero would also be better suited because it has lower fees that will get even lower as the dynamic block size increases. And because of the dynamic blocksize, you won't have to wait forever to confirm that you sent payment for a cup of coffee or whatever.
If you're interested in adopting Monero, but still need to be able to pay in Bitcoin occasionally, you can use a service like www.XMR.to
- nadam 9y agoMonero has potential, but I have found DASH to be the currency that has the biggest potential to replace Bitcoin when buying things. It has high throughput, privateSend, instaSend, decentralized governance, treasury system, they are focusing on UX, and I find some of the 'leaders' very talented (like Ryan Taylor).
- nosuchthing 9y agoDASH, aka Darkcoin, should be avoided - in the first two days the developer printed "1.9 million coins" or 10% of the supply.
- Geee 9y agoMonero's scalability is even harder to solve than Bitcoin's I think. Perfect coin should be private and scalable. There isn't one yet, expect maybe Byteball's blackbytes.