Why Monero Won't Die like Tornado Cash (monero.town)

submitted 9 months ago by bluedoves@monero.town to c/monero@monero.town

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With Monero's recent volatility, some fear a collapse like Tornado Cash. In this quick and easy read post, we’ll argue why Monero’s price, and it’s overall use will NOT collapse and die like that Ethereum mixer, despite similar circumstances: https://simplifiedprivacy.com/monero-vs-tornado-cash/

Tor Browser Onion: http://privacypkybrxebcjicfhgwsb3coatqechwnc5xow4udxwa6jemylmyd.onion/monero-vs-tornado-cash/

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[-] LobYonder@monero.town 3 points 9 months ago

The US dollar has lost about 98% of it's value since 1971 yet people still use it in trade rather than gold or silver or a better fiat like Swiss Franc. Don't underestimate the power of inertia. Just because USD has inflation problems doesn't mean XMR is about to take off. It will take hyperinflation or a currency crisis and even then better-known cryptos like BTC or LTC will be the first choice for normies.

[-] nabio@monero.town 3 points 9 months ago

The US dollar has lost about 98% of it’s value since 1971 yet people still use it in trade rather than gold or silver or a better fiat like Swiss Franc

right, it's not like it's imposed by law and military...