this post was submitted on 06 Mar 2024
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Cryptocurrency
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What are you on about? I did not say crypto has failed. I said bitcoin has failed. There's a big difference. I use Monero all the time.
I love Monero. Litecoin too. Both would never have existed without bitcoin. So no, I don't think it failed. It opened the door to all others to exist.
According to Satoshi, Bitcoin was meant to be peer-to-peer digital cash. However, with no privacy and fees as high as they are, it has failed at its objective.