3 ms·

I like and hold Monero, it is a good coin. But it is not Bitcoin. It likely will never have the attention of large capital holders (eg: Financial Institutions)

I like and hold Monero, it is a good coin. But it is not Bitcoin. It likely will never have the attention of large capital holders (eg: Financial Institutions). Ignoring the regulatory risks (which absolutely exist), IMHO the real critical risk is that bugs or bad math will break the economic model. With transparent blockchains like BTC, you can trace every satoshi. With opaque chains like XMR, you risk that a bug in the code will permit invisible inflation. This has happened before! (https://jonasnick.github.io/blog/2017/05/23/exploiting-low-order-generators-in-one-time-ring-signatures/ https://jonasnick.github.io/blog/2017/05/23/exploiting-low-o...). The same problem applies to all ZK based solutions -- Zcash, Grin, Mina... You are one mistake away from invisible inflation that will sap all the value from the coin.

matheusmoreira 5y ago
> Ignoring the regulatory risks (which absolutely exist) I'm of the opinion that Monero is a failure if it can't withstand regulation. > IMHO the real critical risk is that bugs or bad math will break the economic model. I agree. I don't think I have sufficient cryptography knowledge to evaluate this risk but I acknowledge its existence. For the moment I trust that the Monero developers will do everything possible to prevent this from happening. Still, BTC is way too valuable for something that failed to become everything it was envisioned to be. It seems to be driven by brand name alone. XMR is way too undervalued and undermined for a coin that at least tried to address the majority of problems in BTC.