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@ [Rogue]-[Amendiares], agent
2025-04-02 04:40:53
There's a good reason why I'm so picky when it comes to cryptocurrency, and that's because I want coins that are unique and don't just copy one another.
Bitcoin is like digital gold in the way that it has always been considered very valuable and limited. It can be spent, but this is not recommended for this reason, much like how most people don't spend gold IRL.
Ethereum, with as many flaws as it has, is the closest to a digital infrastructure due to the capacity to be used for so many things, such as decentralized domains, smart contracts, and DAOs, which in turn can be very beneficial for various purposes, such as arbitration and governance.
Monero is essentially digital cash because it is untraceable by default and does not have the concern regarding fungibility that BTC or ETH have. It is also not limited like BTC is.
These are the reasons why I can have interest in these three coins. If you're going to create your own crypto, then you need to try something that has not been done before. This is why I find it challenging to use something like Dogecoin because it is not innovative enough IMHO. I want assets that do something that has never really been done before.
A lot of people think that I flip-flop on BTC and XMR, but that's not the case. I use both of them, albeit for different reasons. BTC for long-term savings, XMR for short-term savings and spending. Compartmentalization and diversification are key if you want to survive as a cypherpunk, and that is exactly what I'm doing.
I don't do crypto with the aims of getting rich, I do it to benefit my community.
#Agorist #Grownstr #ShowerThoughts #Crypto #Bitcoin #Ethereum #Monero #BTC #ETH #XMR #Cypherpunk #Blockchain #SmartContracts #dApps #DAOs #Technology