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I feel like I’m the only person who’s completely uninterested in investing in crypto, but at the same time hoping one succeeds at a significant level and does a
by rapind 4y ago
I feel like I’m the only person who’s completely uninterested in investing in crypto, but at the same time hoping one succeeds at a significant level and does actually solve this problem.
- alwayslikethis 4y agoI don't think investing in it does anything meaningful. It's much more important to start using it. To do this, you only need to buy a small amount (a couple hundred USD is plenty). IMO for real life transactions, Monero is a pretty good choice: - It is not practically traceable like bitcoin or ethereum, which gives plenty of privacy - The community actively fight against attempts at centralization (building ASIC and GPU resistant algorithms) -- most Monero mining power comes from CPUs, which evens the playing field quite a bit [1] - Transaction fees are minimal (typically less than 0.01%) Some services marketed toward privacy-conscious users have started accepting Monero, such as Mullvad VPN [2] 1. https://www.getmonero.org/get-started/faq/#asic-resistance https://www.getmonero.org/get-started/faq/#asic-resistance 2. https://mullvad.net/en/pricing/ https://mullvad.net/en/pricing/
- akimball 4y agoAnd you can back a credit card with Monero. It's a great way to receive payments, easy to spend.
- deleted 4y ago[deleted]