this post was submitted on 15 Jul 2023

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Monero

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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

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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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[–] snitchy_asc@monero.im 1 points 1 year ago

They may hate it but they more hates shitcoins.

At least monero follows cypherpunk values that's not common.