MultiversX Tracker is Live!

BTC Elitists: why is Monero (XMR) a shitcoin?

All Cryptocurrencies

by COINS NEWS 5 Views

So I've been into crypto for a while (I bought BTC for the first time in July 2017) but haven't had the time to dive deep as I want. I've heard many times that everything besides BTC is a shitcoin, but whats the downside to Monero? From what little I've read, it's the most private coin as you supposedly can't see wallets balances or any transaction you don't have the key for. So, why is XMR a shitcoin? It's really cheap for a transaction and although 30 minutes isn't ideal for a transaction to be confirmed, for 1/10 of penny and (supposed) true privacy, it seems like a great coin.

What am I missing?

submitted by /u/N__E
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments