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.
tbf I have found use in using it to donate to activist and mutual aid groups in areas without stable local economies, but apart from that and buying drugs online there really isn’t much practical real world use.
feels like the space hasn’t progressed at all since I first started paying attention around 10 yrs ago and atp i doubt large global institutions will ever consider supporting it, which might be for the better considering the implications of a global capitalist market economy
If you do not live in a dictatorship you have no right to comment on the usefulness of a privacy preserving tool. Maybe you do not see its value, but others in different situations than yours might need it.
Yeah sure it should be used for its utility on a needs-basis, I don’t really disagree with you or care if people use it for whatever reason they want to.
Point was that as a global general-use currency it doesn’t provide much added utility for the average person or provide a real solution for any of the underlying structural issues that people say it does.
So you want oppressed people to use the Chinese Yuan or Russian Rubel and Argentinian Pesos as their Currency (super unstable in value due to inflation, highly surveiled) rather than giving them choice to use something like Monero to transact in privacy?