This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
Wallets
Android (Cake Wallet) / (Monero.com)
iOS (Cake Wallet) / (Monero.com)
Instance tags for discoverability:
Monero, XMR, crypto, cryptocurrency
Pass this URL on to those considering crypto for the first time, or to a BTC maxi to watch their head explode, lol.
Bitcoin's Co-optation by the Financial System and the Rise of Monero: A Critical Analysis
js;dr
Re-hypothecation ... leading to a situation where multiple claims exist on the same Bitcoin holdings.
effectivily dilluting the as-if supply with derivatives: leveraged gains for banks.
They are selling non-existant stuff (like with the big XMR price manipulation) -- we'd need a mechanism of price discovery which distinguishes between real and paper. Monero on exchanges has the same problem. Weren't we supposed to be delisted from this scam?