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That’s not an issue to replace cash, which shares the same flaws. But yeah, you don’t want to have your savings in monero (or in crypto, tbf). However for dece
by pjerem 3y ago
That’s not an issue to replace cash, which shares the same flaws. But yeah, you don’t want to have your savings in monero (or in crypto, tbf).
However for decentralized people to people transactions, monero may have its chance.
- lottin 3y agoPhysical cash is typically used in face-to-face transactions, which somewhat reduces the risks. The scenarios in which a digital version of physical cash might make sense are few and far between. To suggest that such a currency could one day threaten the US dollar dominance is absurd, in my opinion.
- Breza 3y agoI completely agree with you. And you're assuming that a crypto network even exists that could support that kind of transaction volume, so the reality is even more absurd.
- pjerem 3y ago> To suggest that such a currency could one day threaten the US dollar dominance is absurd, in my opinion. Since I’m far from a crypto bro, I wasn’t suggesting this ;) I don’t even own any crypto.