Following up on my recent statements about Monero being possibly the most free market alternative to Bitcoin's scalecolapyse and also the added strong privacy:
Nobody wants to use any of this shit, Bitcoin included.
Not entirely true. I used Bitcoin to receive funding/donations/loans and mostly not for HODLing. This was cross-border without hardly any fees and no need to know the identity of whom I was dealing with. We bypassed the bank wire tsuris.
Many have used Bitcoin to do "anonymous" activities.
Sorry I think you are wrong here smooth. Bitcoin has a use case for large value transfers. This is why I think Monero may have more value than people realize now.
Stores that accept Bitcoin usually do so via payment processors and auto-dump it. Accepting Bitcoin via payment processors is like an affiliate program for them; they don't care about the currency at all, it is just about traffic.
Agreed, but note they don't accept the other altcoins because the other altcoins don't provide that traffic (free advertising) boost and the altcoins aren't liquid enough to hedge to fiat they want to be paid in.
It just all doesn't serve any purpose that any sane mainstream person would care about, outside of a SHTF scenario.
Disagree. It is just that the use case is a fairly small % of the population. No one has yet focused on the masses use case. As you know, I am focused on that with my non-existent vaporware.
Trying design after design in a futile effort to chase "adoption" is churning investors to pay developer salaries. Bitshares investors are among the biggest suckers, since they paid (and I guess continue to pay, although I don't follow it closely) the Larimers to develop something which serves little to no purpose as decentralized crypto but can now be used as a vehicle to be paid again by banks for "blockchain".
Well I agree when they have no adoption and no viable plan to attain it. Bitcoin investors shouldn't pay for adoption until the adoption is already there.
That is my plan.