she/her just trying to live the ancom dream in the mountains

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Joined 1 year ago
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Cake day: March 31st, 2024

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  • Monero is specifically designed to be resistant to GPU mining, and has a set inflation rate of ~2% with no cap. In other words it effectively is governed nearly identically to normal currency and anyone can participate reasonably.

    Additionally, while the value has gone up, that’s primarily thanks to it being used as a currency. It’s the preferred crypto for black markets.

    Unlike Bitcoin it processes transactions quickly and with low fees. There is no way to know who sent what amount to whom or how much anyone has of it. It is the closest thing there is to digital cash.