Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
Febo
on 03/09/2018, 12:42:50 UTC

The possibility exists that 1 billion in bitcoin could black-swan dive into Monero tomorrow. It doesn't matter, however, it's bullish for Monero regardless.

This obscene public spectacle with hunderds of people on r/bitcoin pouring over the forensic details of this transaction is a giant advertisement to anyone with two neurons that bitcoin is non-viable as a store of value and currency. This individual is one KYC leak away from the entire world knowing their net worth and identity. I hope they trust every single employee at Bitfinex, Binance, and Bitmex. Their life may depend on it. 1 billion in crypto is nation state level threat model.

Should have used Monero in the first place, then nobody would watch them transfering their coins  Grin

They probably would if Monero would exist back then. But in general this are reasons why Moneor is so superior. Now wehn you deal with Bitcoin you can always be feared you will get Silkroads tainted Bitcoins. You will never have such or similar fear while using Monero.