Monero Project admits thieves stole 6-figure sum from a wallet in mystery breach
https://lemmy.world/post/7993453 i.e. https://monero.town/post/1045387
While there are typical comments like crypto=scam “You have to be quite stupid to support crypto in 2023”, there are also replies like these (with which more people seem to agree, unexpectedly):
It’s designed to protect anyone using it - even attackers. That’s the price to pay for having privacy. The alternative is an Orwellian dystopia.
If you’re going to use Luna, FTX, and NFTs as arguments about something like Monero, […] you probably don’t really understand any of them.
It’s a bit odd that such a discussion is more active on a different Lemmy instance than here, but it’s interesting to hear honest opinions of various people about the incident, about Monero. Maybe your views are different from them, from mine. For example, one person states there that while they know exactly what Monaro is, they’re still skeptical.
Sounds like someone is bitter because they made the wrong bet. I knew crypto was not an “investment” from the start when I was CPU mining BTC.
Got into Monero around $30-$50 when I realized BTC is not money, but only converted some existing BTC into XMR. It was pretty obvious the financial mafia would not allow XMR to pump in their marets.
As for fiat buys you should not be buying unless everyone thinks crypto is collapsing. That is the time to scoop up some more.
You may be right about your projections, Monero will likely take over 90% of black market in 10 years and it will take about 50 years to take 90% of everything else. One thing is for sure, crypto in one form or another will dominate the world we will just need 1 or 2 generation cycles.