Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
kazuki49
on 18/05/2015, 21:59:34 UTC
Not debating any of that, agree that Monero is more private.

Am debating what are the innate properties that constitute money. For the reasons stated in prior posts I do not consider privacy to be applicable to what makes good or bad money and do not see that as a factor towards driving adoption. The subset of people who need privacy can use both in a manner that achieves it. Regarding "better mining algo", again this is not a property of money I think people who are resorting to these types of arguments to convince themselves that altcoin x is better are kidding themselves. On the six properties I care about Monero is either the same or worse than Bitcoin.

I can convince myself of whatever I want, including that Bitcoin as money sucks is a NWO tracking tool waiting to happen.

BTW would you use a metal as money that has only 3 or 4 large groups mining 80% of all deposits of it or one that has better qualities of money and can be found in your backyard yet as rare as the first one.