Altcoins News
By Steven Anderson
1 / 11
Community like: Maybe Bitcoin makes sense for El Salvador. Wish them the best. But the moment Monero becomes a mandated state currency, without first seeing organic demand…
2 / 11
If you still don't "get" Monero, we encourage you to take a moment and ask its supporters what they see in the project. You may hear some interesting stories.
3 / 11
The El Salvador Bitcoin law carries significant risks & opportunities. The State is antithetical to Bitcoin; surveillance & running Bitcoin w/ corporate partners rather…
4 / 11
Seth Simmons XMR Enthusiast states: PoW is essential for a decentralized currency that has proper distribution without requiring trust in the network validators.
5 / 11
The only reason a CBDC can be made that requires little energy usage is that there is a central, “trusted” validator and authority in the network — the US gov.
6 / 11
This talk of "wasteful" energy usage of PoW in cryptocurrency and the odd timing of multiple ransomware ransoms being paid in Bitcoin are not coincidental at all.
7 / 11
In response to Elizabeth Warren: “Bitcoin requires so much computing activity that it eats up more energy than entire countries.
8 / 11
Seth Simmons expressed: False flags or boogeyman (like vague and never materializing threats of terrorism in the past) are a great tactic to keep the populace in fear and…
9 / 11
In response to: “The president of El Salvador Nayib Bukele on Twitter spaces right talking about the Bitcoin bill that's about to pass The government is going to create a…
10 / 11
Seth Simmons Expressed: Not going to lie, this is pretty nuts! Hopeful for two things once this is live: Transparency of Bitcoin does not cause issues for citizens.
11 / 11
Thus, we can see Monero community are more confident that they are better than Bitcoin! They are not bothered about Volcanoes!
The Currency Analytics
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