if you have $500 go be a degen all you want but do yourself a favor for once and just please buy even as little as 0.2 monero:native and forget about it and gamble the rest away. you can thank me later because it will be the best decision you will ever make!
F.A
Change My Mind!
among all the other shitcoins litecoin:native remains the shittiest of them all.
I don't even wanna talk about MWEB and the "privacy" narrative LTC is trying to create! because it must be a joke! so let's talk price...
when $BTC moves up 1% all the other coins follow and move at least 1.5% and when BTC moves down 1% they follow as well and move down 1.5% or 2%
except the King of shitcoins litecoin:native !!
most of the time when BTC moves up 1% LTC follow it by moving 0.3% , and when BTC moves down 1% LTC follow it by crashing 4% or 6% or even more.
It does rarely outperform BTC for few days before repeating the same pattern over and over again
when it comes to use case it still has one of the highest transactions count in Crypto which is honestly mind blowing and I can't believe the numbers are real and belong to real humans and not bots!!
like why would anyone choose to send money using LTC?
if they want speed and very cheap fees $SOL is faster and cheaper!
if they want privacy and anonymity $XMR is king
Seriously! WHY?
The only use case I can think of for LTC is to hold it and brag about being an OG lol
@spookedghosts If a coin is delisted from every major exchange
and new laws are created just to make it even harder to buy
and it still goes up 100%
you need to dump everything and go all in on that coin
yes I'm talking about monero:native
It doesn't matter where you live! the whole world is becoming a big digital surveillance police state!
physical Cash won't exist in 10 to 20 years from now!
governments around the world are actively trying to replace it with CBDC.
They can't do it suddenly but what they can do is say things like both Cash and CBDC will be accepted and promise that CBDC won't replace physical cash until it gradually does..
At that point they'll say some absurd things like paper is bad for children or it hurts animals or some other stupid shit!
CBDCs are surveilled 24/7, they are programmable, freezable can have an expiry date!!
the only way out of that prison is if you already have something they can't control and the only thing they can't control is monero:native
Keep stackingπ§‘π€π€
No blockchain is fully quantum resistant today! so no not yet but It's being actively studied and developed to be once needed.
Kraken is not bad if you wanna trade XMR but I'd use a non custodial wallet for holding it long term and actually use it as money.. @cakewallet is a great one
Cheers
good question! where do I even start? let's see..
beside the insane unstoppable privacy and anonymity Monero offers which makes it the only form of digital cash we have, It is even superior to physical cash because Monero's annual inflation rate is 0.8% now and will continuously trend closer to 0% over time because only 157,700 XMR are mined each year, no more no less! which makes the inflation rate of Monero even less than Gold which inflates between 1.5% to 2% each year
so paired with its anonymity, not only is it the only form of digital cash but it's actually the only form of digital gold as well, which makes it the ultimate store of value in a digital surveilled world.
monero:native is literally a hidden indestructible digital treasure chest where only the owner have the key and the map for..
however bullish you think you are on Monero, you are not bullish enough
Monero>Gold>Cash
they're trying to replace it with CBDC though, they can't do it suddenly but what they can do is say things like both Cash and CBDC will be accepted and promise that CBDC won't replace physical cash until it does, then they'll say some absurd things like paper is bad for children or it hurts animal or some other stupid shit! physical Cash won't exist in 10 to 20 years from now!