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> Grassroots? Monero has no premine, dev tax and is a 100% open source project with volunteer contributors. It's about as grassroots as it gets in the cryptocu
by selsta 6y ago
> Grassroots?
Monero has no premine, dev tax and is a 100% open source project with volunteer contributors. It's about as grassroots as it gets in the cryptocurrency space.
> so the vast majority of XRM was "mined" by a small group of traditional speculative capitalists.
While the cripple mine happened, it only lasted a couple weeks and all of these coins were sold at market value. Monero was worthless for the first couple years.
Monero has a tail emission / infinite supply making it fairer than fixed supply coins.
Disclaimer: Monero contributor