A lemmy.world XMR post more active than here, with unexpectedly (?) sympathetic comments (monero.town)

submitted 1 year ago by Saki@monero.town to c/monero@monero.town

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Monero Project admits thieves stole 6-figure sum from a wallet in mystery breach

https://lemmy.world/post/7993453 i.e. https://monero.town/post/1045387

While there are typical comments like crypto=scam “You have to be quite stupid to support crypto in 2023”, there are also replies like these (with which more people seem to agree, unexpectedly):

It’s designed to protect anyone using it - even attackers. That’s the price to pay for having privacy. The alternative is an Orwellian dystopia.

If you’re going to use Luna, FTX, and NFTs as arguments about something like Monero, […] you probably don’t really understand any of them.

It’s a bit odd that such a discussion is more active on a different Lemmy instance than here, but it’s interesting to hear honest opinions of various people about the incident, about Monero. Maybe your views are different from them, from mine. For example, one person states there that while they know exactly what Monaro is, they’re still skeptical.

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[-] rattie_ok@monero.town -1 points 1 year ago* (last edited 1 year ago)

“You have to be quite stupid to support crypto in 2023”

They ain't wrong. Usage of crypto has very much stagnated or declined last few years, and it's now just an Internet phenomenon drifting towards oblivion. Like gopher protocol or web rings.

Lucky ones made some life changing money. The rest have only managed to trap their capital into a dwindling returns game.

[-] Saki@monero.town 7 points 1 year ago

Their conclusion might be true in a way, but their “6-point proof” is uninformed if they’re criticizing Monero.

“All stablecoins are not stable” ← irrelevant to xmr

“Every non-stable coin is just a bigger fool scam, since there is no use case for crypto” ← what?!

“Crypto destroys customer protections” ← “no middle men” is what we’re intentionally trying to achieve, at the cost of obvious risk

“All consensus mechanisms are geared to allow the wealthy to control the crypto economy” ← That’s exactly what Monero is trying to avoid

“Crypto gives great privacy protections to anonymous criminals and scammers and destroys privacy for anyone using the system as a honest user.” ← the first half is a valid criticism but the whole sentence doesn’t make sense

“Crypto aims to prevent man-in-the-middle attacks” ← that’s not the main goal of xmr

Either way, Monero is not about making money, if that’s your point of view. Many of us are Monero users, not investors. Correct me if I’m wrong!