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2024-06-19 01:30:15 UTC
in reply to

Jeff Swann on Nostr: You cannot put the same savings in both Bitcoin & Monero. They are mutually exclusive ...

You cannot put the same savings in both Bitcoin & Monero. They are mutually exclusive networks. You can put the same savings into Bitcoin & have it on a privacy layer built on top of Bitcoin. This, plus Monero's higher inflation rate & the larger scaling challenges, is why it doesn't make much sense to hold Monero at all.

It's not about religious devotion. It's about the unforgiving nature of monetary network effects.