• tusker@monero.townM
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    10 months ago

    Gold is fungible, bitcoin is not. Monero is a better store of wealth than bitcoin.

    However you should not be storing your wealth in currency anyway. It should be done in tangible assets like property, companies, and metals.

    • g2devi@feddit.nl
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      10 months ago

      Diversity is your friend. It has been illegal to have gold. During the Canadian trucker’s protest, trucks have been confiscated, and companies have been forced to close. Bitcoin wallets have been tainted so they could not be withdrawn from CEXes. During those protests, many properties with mortgages were foreclosed because banks froze trucker accounts so they could not pay mortgages. As long as DEXes and P2P exist, Monero is safe. Diversification can reduce the risk of any single attack.