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2026-07-30 16:52:50 UTC
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shocknet_justin on Nostr: Monero is a fiat shitcoin, indistinguishable from ZCash or any of the litany of ...

Monero is a fiat shitcoin, indistinguishable from ZCash or any of the litany of privacy shitcoins riding Bitcoin's coat-tails.

If you want to use it as a payment network go right ahead, it's no different than countless others. You and the 30 others that think centralized Tor marketplaces are the darknet can have fun selling it for Bitcoin when you're done transacting.

> Gas fees

Any chain charging "gas" is just another SQL database underneath, it's not a crypto payment... there's no proof-of-work costs, no decentralization overhead. It's a gift card for fiat, that's why it works like fiat.

> LN people know that the error rates are at least 1% at best

Only LN people that use mobile nodes

> the killer application for crypto was *remittances*

Remittances are downstream of what you're remitting having value, the killer application is infinity divided by 21M.

> it is too late to enter as an experimental product

Ah yes, everything will always be as it is now.