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I've only just started reading a bit more about Monero after having watched Bitcoin from a far distance and Monero feels like it could actually become a useful
by danieka 9y ago
I've only just started reading a bit more about Monero after having watched Bitcoin from a far distance and Monero feels like it could actually become a useful currency. I have no trouble imagining myself paying and getting paid in Monero, something that I could never see happening with Bitcoin considering transaction time and cost.
Monero is fungible, meaning that it is anonymous compared to Bitcoin that has a public ledger.
Transaction fees are manageable, about $3 I think. Monero's block size adjusts dynamically to the amount of transactions. Work is in progress that will lower transaction fees even more.
The community seems friendly and helpful, if judged by "internet standards".
Will it increase in value? Who knows? But it feels like Monero could be actually useful someday.