Why is Monero hated by Bitcoiners (lemmy.ml)

submitted 1 year ago* (last edited 1 year ago) by Gargari@lemmy.ml to c/monero@monero.town

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I'm new to Crypto-currency system and found Monero only logical way to move forward, if I would want investment I would go to SP500. Seems like for most bitcoiners it's an investment and not a way to buy-sell, it's not a currency for them, so what's point? It becomes ponzi/pyramid scheme that way. Also noticed that Monero is hated in that circles (hello Nostr). What's your opinion on the matter?

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[-] lltnskyc@monero.town 3 points 1 year ago

Because bitcoin is more of a religion than a cryptocurrency now, and therefore the bitcoin is the only true ~~god~~ crypto, everything else is heresy :)

[-] azalty@jlai.lu 1 points 1 year ago

A lot of people here act the same about Monero though

[-] opt9@feddit.ch 0 points 1 year ago

But they can back it up with technical proof as to why it is superior. Bitcoiners cannot. They can only divert and dodge the fungibility issue.

[-] azalty@jlai.lu 1 points 1 year ago

Can’t give technical proof of a potential superiority when it all comes down to personal preference and to what you value.

I can easily say Monero not having a transparency blockchain or option can be problematic for businesses as they can’t enforce anti money laundering laws, and that would be a perfect argument to say Monero can’t be the superior crypto.

You’re just biased and subjective. Monero is great, but not for everyone and not for every use case. It is not an all-in-one crypto and it is not a perfect crypto.

[-] opt9@feddit.ch 0 points 1 year ago

It is not personal preference, it is technical reality. The arguments you give are amateurish and show you have very little understanding of the mechanical workings of either Bitcoin or Monero. It is much better for you to relax, listen and ask questions. This is how you will learn. Then in the future, you will be able to contribute in a meaningful way to these types of conversations.