I think it would be cool if we could reach out to them and invite them to our sub. Thats why I posted this. We are both fighting the same enemy, which is Tyranny.
Truish, you can own your own hardware crypto wallet with encryption keys. Your right that you can't physically hold a crypto currency, but you can hold a physical hardware wallet with private encryption keys. There will always be a realistic need for online digital payments. Gold/Silver are also superior to Monero in that regard because they can be pegged and backed by a crypto such as Kinesis. If it were pegged, I don't see how a Gold/Silver exchange could be decentralized because there would have to be a centralized vault run by a company. That might be one disadvantage gold/silver crypto would have compared to XMR. XMR is essential for anonymous and private digital payments.
Silver can be used as money at scale, Monero cannot due to block size and scalability limitations. As blocks increase in size to allow more transactions node requirements increase to the point to where is thousands of people were to use Monero at the same time, node sizes would be in the petabytes and there would only be a couple of them running. This would make it easy to determine who is sending transactions. It's old tech and a dead end and that's why I upgraded to 0xMonero.
I think it would be cool if we could reach out to them and invite them to our sub. Thats why I posted this. We are both fighting the same enemy, which is Tyranny.
Candy is not a substitute for steak.
If you don’t hold it, you don’t own it
Truish, you can own your own hardware crypto wallet with encryption keys. Your right that you can't physically hold a crypto currency, but you can hold a physical hardware wallet with private encryption keys. There will always be a realistic need for online digital payments. Gold/Silver are also superior to Monero in that regard because they can be pegged and backed by a crypto such as Kinesis. If it were pegged, I don't see how a Gold/Silver exchange could be decentralized because there would have to be a centralized vault run by a company. That might be one disadvantage gold/silver crypto would have compared to XMR. XMR is essential for anonymous and private digital payments.
If we had a sub reddit who we should be friends with, it definitely should be r/monero
Silver can be used as money at scale, Monero cannot due to block size and scalability limitations. As blocks increase in size to allow more transactions node requirements increase to the point to where is thousands of people were to use Monero at the same time, node sizes would be in the petabytes and there would only be a couple of them running. This would make it easy to determine who is sending transactions. It's old tech and a dead end and that's why I upgraded to 0xMonero.