Also repeat after me: #MarketCap is not a valid indicator for any #currency, #crypto or otherwise!
#Monero however has it's #vlaue solely based upon #fungibility and nothing else. The devs can't really up the #TailEmission and #Bitcoin with it's finite amount of #Coins will inevitably become even slower and more expensive to use once those are mined.
Whereas at worst, a "Monerp #Miner" will be just a surplus Server/Desktop that others can put to use ...
@asei_sano @aruiz So you do have an escalating commitment and naively believe that artifical scarcity will fix issues.
Well guess what: Whilst #Bitcoin
's absolute limit of coins will kill it long-term, the #TailEmission of #Monero
will long-term result in a asymptotically near-zero inflation rate.
It merely compensates for the loss of coins AND keeps miners from continuing go facilitate transactions.
Furthermore unlike #ASIC- & #FPGA-based mining, Monero is decentralized.
@asei_sano @aruiz simple: cease existing!
#Bitcoin
will do so once the last #cpin has been mined and transaction fees will skyrocket...
Whereas #Monero
doesn't have that problem: It's on it's #TailEmission and is quite stable...
As history has shown us, Bitcoin is unable or rather unwilling to adjust to necessary changes (#HardForks like #BitcoinCash are evidence) and thus it will die out soomer or later...
Already it's reliance on hacks like #LightningNetwork make it bad.
It is a #BiggerFoolsScam because unlike #Monero
, #Bitcoin
doesn't have a longterm strategy.
Whereas Monero keeps chugging along on it's #TailEmission rate just fine...
@jalefkowit there's a reason why such #Shitcoins will all die an inevitable death.
Because they ain't feasible.
Compare that to #Monero which does have a #TailEmission in order to long-term reward miners and also account for losses...