Recently I noticed that there has been this community called !x7finance. Obvious advertising community which is against the rules. Today the community !cultdao has been made and there Kapow has made several posts which are also obviously advertisements.
Kapow himself has made normal posts after the cult dao posts so I don’t know…
Alright, sorry for the allegations. The thing is we already have so many crypto currencies that are trying to solve one problem. Which is the centralisation. Most of them are just smart contracts on the Ethereum blockchain and nothing more. The Ethereum blockchain by default exposes all the information on a transaction. Which is stupid and privacy risk. Another problem is that transacting with real money doesn’t have any fees and on top of all the gas fees you also need to pay .04% more. The third problem I find is that it is neither trusted nor the dev is known. The commenter on the videos you sent out are also a bit sketchy.
As I have stated in other posts monero is much better. Because all transactions are 100% anonymous and the fees are very very very low. You will never notice them. Of course there are some issues but they are less important than the issues with cult.dao.
I would be more than happy if you convince me otherwise.
Let’s take a trip on DMT. Welcome to the Dank Microwave Taco or DMT for short. Anything and everything goes in here. Be sure to share your experience on DMT with your friends, family and social media. @WiggleHard bans nothing and exiles nobody (Dont doxx wolfballs users, no posting of porn/nudes or foot fetish material unless it involves political scandals, no ads for sex sites or dating sites; do that on your own time, no solicitation for pyramid scams, no posting job advertisements unless from official job sites, no posts supporting pedophilia, not all love is love) also: (we cannot allow violations of the patriot act concerning how we speak, no calls for violence, suggesting you are personally harming someone ect. These things are not free speech protected by law but actually against the law and could get the website shut down.) (no spam posting, especially spam posting of what could be considered symbols of hate) examples: guy posting nazi flag 5 times in one day, guy posting “whitey is the devil over and over, im going to use my best judgement on this one rule)
Account not comprised.
I am working on something bigger and will be using these communities as reference points. There are a few more I am looking at putting up as well.
I am busy at work at the moment, so this will take me a while to get together.
Alright, sorry for the allegations. The thing is we already have so many crypto currencies that are trying to solve one problem. Which is the centralisation. Most of them are just smart contracts on the Ethereum blockchain and nothing more. The Ethereum blockchain by default exposes all the information on a transaction. Which is stupid and privacy risk. Another problem is that transacting with real money doesn’t have any fees and on top of all the gas fees you also need to pay .04% more. The third problem I find is that it is neither trusted nor the dev is known. The commenter on the videos you sent out are also a bit sketchy.
As I have stated in other posts monero is much better. Because all transactions are 100% anonymous and the fees are very very very low. You will never notice them. Of course there are some issues but they are less important than the issues with cult.dao.
I would be more than happy if you convince me otherwise.
I like monero for the reasons you stated.