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I bought into monero hoping it would be the next big thing. Fungibility/no public ledger made it seem like it had way more utility, but it turned out 1) virtual
by wackro 5y ago
I bought into monero hoping it would be the next big thing. Fungibility/no public ledger made it seem like it had way more utility, but it turned out 1) virtually nobody buys crypto in order to spend it, and 2) its only real world use was on the dark web.
- headsoup 5y agoSo you bought it as a speculative investment?
- wackro 5y agoYes. The same as almost everyone buying crypto. But hoping that it would become a usable currency.
- headsoup 5y agoThat's two incompatible things though...
- MerelyMortal 5y agoOnly incompatible at the same time, but that's not what OP is saying. OP is saying that he hopes it turns from something that is speculative and not a widely-accepted currency, into something that is a widely-accepted currency and not speculative.
- headsoup 5y agoThe old having one's cake and eating it too. I get the optimism there, but I just can't see how the incentives possibly give way to each other there. Just have to ask kindly that those manipulating the platforms for profit stop?