Bitcoin's Co-optation by the Financial System and the Rise of Monero: A Critical Analysis (monero.town)

submitted 1 month ago* (last edited 1 month ago) by prancing389@monero.town to c/monero@monero.town

6 comments fedilink hide all child comments

Pass this URL on to those considering crypto for the first time, or to a BTC maxi to watch their head explode, lol.

Bitcoin's Co-optation by the Financial System and the Rise of Monero: A Critical Analysis

you are viewing a single comment's thread
view the rest of the comments

[-] hfondmanager@monero.town 1 points 1 month ago* (last edited 1 month ago)

Re-hypothecation ... leading to a situation where multiple claims exist on the same Bitcoin holdings.

effectivily dilluting the as-if supply with derivatives: leveraged gains for banks.

They are selling non-existant stuff (like with the big XMR price manipulation) -- we'd need a mechanism of price discovery which distinguishes between real and paper. Monero on exchanges has the same problem. Weren't we supposed to be delisted from this scam?