this post was submitted on 15 Jul 2023

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Monero

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Why is Monero hated by Bitcoiners (lemmy.ml)

submitted 1 year ago* (last edited 1 year ago) by Gargari@lemmy.ml to c/monero@monero.town

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I'm new to Crypto-currency system and found Monero only logical way to move forward, if I would want investment I would go to SP500. Seems like for most bitcoiners it's an investment and not a way to buy-sell, it's not a currency for them, so what's point? It becomes ponzi/pyramid scheme that way. Also noticed that Monero is hated in that circles (hello Nostr). What's your opinion on the matter?

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[–] comcreator@lemmy.world 0 points 1 year ago

Because it is not bitcoin. Bitcoin maxies are a cult and many crypto projects have a cult following around them and Monero is no exception.