@F3715H @JuxGD I second this one.
1. Obviously #Monero peaked recently because everyone who can is dropping #USD for #XMR and is #GTFO'ing the #USA due to #Trump...
2.I've seen "#ProofOfStake" #Shitcoins like #Ethereum and #Solana with setups that are way more wasteful, expensive and #hoarding of hardware like #RAM and #SSDs [the latter one being basically destroyed due to extreme #IOPS].
3.If you have no problem with #AMEX, #VISA, #MasterCard ¹ (and espechally #PayPal!)² ³, then you shouldn't have a problem with Monero either!
Yes it is a #cryptocurrency, but it's the "least worst" when it comes to #privacy, #centralization and some study seem to hint that Monero and the DNMs that use it actually reduce #StreetCrime and #Violence as they allow #NonviolentDrugOffenders [aka. #VictimlessCrimes] to be facilitated safer and in a trustless envoirment.
The Problems associated with #Monero are not due to the fault of Monero. It's what people do towards other people. Whether they do it for XMR, #Dollar, #Euro, or whatever doesn't make it better or worse than whether someone threatens a person with a knife or a rifle: Both are equally bad in the eyes of the law and society for all the righr reasons!
Also Monero per it's very design CANNOT be abused for "#SmartContracts", #NFTs and associated #malware - in fact the #developers of Monero removed any such ability by deprecating and disabling the tx_extra feature.
#USpol #NotFinancialAdvice #payments #money
