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RE: Did LUNA Speed Up Our Crypto Winter?

in LeoFinance2 years ago

No, I hadn't heard of this shit coin before the morons who bought it got what they deserved.

It was a tiny insignificant little drop of dust in the greater picture of cryptocurrency.

Just look at its market cap from days before the crash, that's nothing, it's a shitcoin and everyone knew it. Just like a lot of other stablecoins.

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I'm not a big fan of the "stablecoins" either I haven't been from day one. They defeat the whole purpose of why bitcoin was created in the first place.

Posted Using LeoFinance Beta

I am a privacy coin elitist, and shameless admit my money is safer in Zcash, Monero, or DASH.

We could argue about which is better, but I don't reccommend any transparent chains.

What was your take on the whole 51% attack on Monero issue?

Looking at the updated pools today, the risk has all but dissipated.

But do you see the network as being truly secure?

Posted Using LeoFinance Beta

I know zcash is superior privacy technology, the zcash ZK Proof, is much higher quality.

I like to use monero as a case study, I have a love hate relationship with the monero developers because they insulted me on Twitter instead of answering my question.

Nothing like diverting from direct criticism with a question attached, to loose a investor.

Monero is also vulnerable to a flashlight attack, I encourage more pentesting so I can use that to secure my judgement that Zcash is in fact the superior coin.

I used to trust monero around V8, but after realizing they had no plans to stop hardforking I gave up on moneros developers.