Post
Topic
Board Speculation (Altcoins)
Re: Libra is the reason I'm investing in Monero
by
Febo
on 02/07/2019, 00:52:49 UTC
Libra is the reason I'm investing in Monero

Libra cant hurt Monero or Bitcoin, but will hurt many other "cryptocurrencies"


Monero will not succeed because anything else beside what this wise man said in 300 BC http://www.marketoracle.co.uk/Article10370.html

Aristotle and the Definition of Money
1.) It must be durable.
2.) It must be portable.
3.) It must be divisible. Money should be relatively easy to separate and re-combine without affecting its fundamental characteristics. An extension of this idea is that the item should be 'fungible'. Dictionary.com describes fungible as:"(esp. of goods) being of such nature or kind as to be freely exchangeable or replaceable, in whole or in part, for another of like nature or kind."
4.) It must have intrinsic value.

The opaque ledger makes Monero fungible.