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This type of lack of understanding is rife. Makes me quite bullish on Monero when people realise how little privacy Bitcoin and crappy forks provide. Might see
by john_alan 6y ago
This type of lack of understanding is rife. Makes me quite bullish on Monero when people realise how little privacy Bitcoin and crappy forks provide. Might see a signal type movement to Monero.
- heavyset_go 6y agoI don't think that irrational retail investors understand, or care to understand, Bitcoin or Monero implementation details. Bitcoin's valuation has little to do with its technical merits. It's all just internet money to most people.
- john_alan 6y agoYea I agree right now. But even showing a few newbie friends how I could see their balance and transactions after they sent me BTC or shared their address with me, baffled them, they couldn’t believe it. People will start to care as they become extorted, or embarrassed. Privacy is a fundamental requirement of good money. I think people will learn this over time and gravitate towards a better money for the internet.