This is an automated archive made by the Lemmit Bot.
The original was posted on /r/monero by /u/rs_boss on 2025-05-08 16:26:10+00:00.
I want to mention that I am a software engineer, and as a software engineer, Monero has the best technical features to be a cryptocurrency for daily and general use. I can mention the reasons here, but the 3 most important reasons are:
- Privacy. A cryptocurrency that is not private is not a real cryptocurrency. The idea of crypto is not to trust anyone. How can you avoid trust if you are transparent like a glass of water? Frogs can investigate you by tracing your identity back with enough transaction history.
- Fungibility. It's more about the usage of the currency and less of a problem in the currency itself, but still, Bitcoin is not great if 1 BTC has less value than another 1 BTC if the source of the first BTC is crossed with fraudulent transactions.
- Inflation. I get the point of most Bitcoin fans who say that Bitcoin is a hard currency and has no inflation. The downside of it is that you have to pay 30$ for a transaction because you take all the cost. For big amounts, it's not a big deal, but completely unacceptable for smaller amounts. Monero on the other hand, has a fixed amount of inflation to make the ecosystem pay the transaction fee instead of burdening one user who uses the currency by making a payment (Mining Fee). In the beginning, I was also against it, but I understood the benefit and agree after all.
- Dynamic Transaction Size. Where Bitcoin gets fucked is when the system is used by many users in the same time who issues transactions in the same time. That was the reason for the fork to Bitcoin Cash. They have increased the transaction size. Monero is superior because it's dynamic and adapts to the size of users automatically.
I wonder since long time why Monero has not become more popular despite its amazing features. Can someone explain to me why Monero is not even in the top 10 of the cryptos, and what we can do to make Monero more popular and used?
From my perspective, I can only consider Monero as a payment cryptocurrency among all others. Am I wrong?