Bitcoin has the right idea, but did not execute it properly, primarily because it was the first and technology has improved and it has not. Monero is actually doing what bitcoin was meant to do and acting as a transactional currency, medium of exchange, and store of value.

Look at my totally stable store of currency bro, trust me bro, this is totally useful as a means of exchange and you can trust in its future value bro, just believe me.

Now, overlay that price chart with a transaction count chart averaged out over say 90 days and what you will notice is that big spike up to 400 and above was at basically no transaction volume which makes it seem more like that was hype. Looking at the price chart over shorter timeframes such as a year will show you that the transaction count is actually increasing now and the price is staying quite stable.

“Ignore the glaring flaws and look only at the parts I tell you to” is great fiscal policy and inspires a lot of trust. You nerds are basically sending PGP emails to each other and pretending it’s money. It isn’t — it’s literally nothing.

Well, we will just have to agree to disagree.

No, because the rest of us have to deal with the environmental destruction wrought by your virtual paperclip maximizer. it affects everyone.

Fine, go after the industries that are doing more, such as industrial processing for making glass and other things that require high temperatures, the global transportation industry, etc.

Why would I “go after” an industry producing something useful, rather than grifters powering GPUs to do absolutely nothing of value? We can get to the glass industry once we’ve culled the useless garbage first.

Monero is CPU based. And actually we are providing something of value in that we are providing a private currency not controlled by any government where no government can tell you you can or cannot use it because they have no power to stop you from doing so. Now, whether you believe that is something we need in this world or not is a different value set.

no government can tell you you can or cannot use it because they have no power to stop you from doing so

I mean they can kick down your door and seize or hack your PC. That threat is enough to stop most people, making the currency pretty useless in countries that have cracked down on it.