So you want oppressed people to use the Chinese Yuan or Russian Rubel and Argentinian Pesos as their Currency (super unstable in value due to inflation, highly surveiled) rather than giving them choice to use something like Monero to transact in privacy?
Crypto is often used as a vehicle for scams due to its unregulated and uncontrolled nature, and it’s lottery-like ups and downs. But crypto in principle is not a scam. And Monero is definitely not. It has a fairly stable value and has an actual practical purpose.
If you do not live in a dictatorship you have no right to comment on the usefulness of a privacy preserving tool. Maybe you do not see its value, but others in different situations than yours might need it.
Yeah sure it should be used for its utility on a needs-basis, I don’t really disagree with you or care if people use it for whatever reason they want to.
Point was that as a global general-use currency it doesn’t provide much added utility for the average person or provide a real solution for any of the underlying structural issues that people say it does.
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Crypto is still a huge scam and waste of energy without any actual use-case, regardless of any privacy-issues!
So you want oppressed people to use the Chinese Yuan or Russian Rubel and Argentinian Pesos as their Currency (super unstable in value due to inflation, highly surveiled) rather than giving them choice to use something like Monero to transact in privacy?
Crypto is often used as a vehicle for scams due to its unregulated and uncontrolled nature, and it’s lottery-like ups and downs. But crypto in principle is not a scam. And Monero is definitely not. It has a fairly stable value and has an actual practical purpose.
The value has fluctuated from 120 to 190 over the past year, over the period of just 3 months. It’s stable only in comparison to other cryptos.
It’s more stable than the Argentinian peso.
The horror!
If we’re talking about value as a monetary system: yeah crypto is, bitcoin isn’t
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If you do not live in a dictatorship you have no right to comment on the usefulness of a privacy preserving tool. Maybe you do not see its value, but others in different situations than yours might need it.
Yeah sure it should be used for its utility on a needs-basis, I don’t really disagree with you or care if people use it for whatever reason they want to.
Point was that as a global general-use currency it doesn’t provide much added utility for the average person or provide a real solution for any of the underlying structural issues that people say it does.