BitcoinIsFuture's avatar
BitcoinIsFuture 4 months ago
Fiat also has inflation because central banks print fiat out of thin air. But they are not bad in your opinion? They who actually financially enslave ordinary people? Did you know about the second successful 51% attack on Monero? "What happened technically: An 18-block "reorg" (reorganization) hit the Monero network - meaning that 18 blocks the entire network believed to be valid and permanent were suddenly discarded and replaced by an alternative version of history. To put this in perspective, reorganizations of more than 2-3 blocks are extremely rare in established blockchain networks. The financial outcome: 55 confirmed double spends (the same money spent twice) and 115 transactions completely invalidated. While we cannot know whether these were merchants, exchanges, or individuals transacting, this matters little in the face of real double spending scenarios - someone lost real money." Have fun.

Replies (2)

Banks loan money to the government with interest that they print from nothing forcing the Gov to loan more and more to pay back interest. That's not how monero works. Like it literally says a fixed supply in the picture you shared
this retard or should I say his AI? got the facts wrong. the block reorg did NOT result in *any doublespends, let alone 55. the txs that were reorged out simply returned to the mempool and confirmed later. there was no double spend attempted. maybe dont rely on obviously AI generated "articles".