Hacker News Reader

Cash is going away someday, thats for sure. Digital payments are just more comfortable to use and it allows to send money over vast distances in a few seconds, which is useful for buying stuff on the internet.

I'd just wish open source, decentralized, not-crypto-bro currencies like Monero (https://www.getmonero.org/), that are unlike Bitcoin actually anonymous, would be more commonly accepted outside of darknet markets.

View on HN

In a way Monero has been good money last couple of years. Not fluctuating too much up or down compared to others. So using it as fungible money could be ok. Monero has trade-offs though, how many are mined and have there been exploits/bugs in the supply?

It's good for a cryptocurrency, but looking at the exchange rates, that's still fluctuating way too much to make me feel comfortable in using it as a real currency.

I love the concept of the blockchain, but the cryptobros turned any kind of decentralized money into a gambling game, even the ones designed to be reasonably stable. This type of greed is why we can't have nice things.

Reply on news.ycombinator.com