• HughJanus@lemmy.ml
      link
      fedilink
      English
      arrow-up
      23
      ·
      edit-2
      1 year ago

      Crypto is often used as a vehicle for scams due to its unregulated and uncontrolled nature, and it’s lottery-like ups and downs. But crypto in principle is not a scam. And Monero is definitely not. It has a fairly stable value and has an actual practical purpose.

      • wahming@monyet.cc
        link
        fedilink
        English
        arrow-up
        1
        ·
        1 year ago

        The value has fluctuated from 120 to 190 over the past year, over the period of just 3 months. It’s stable only in comparison to other cryptos.

    • dontblink@feddit.it
      link
      fedilink
      English
      arrow-up
      4
      ·
      1 year ago

      If we’re talking about value as a monetary system: yeah crypto is, bitcoin isn’t