Wait so are these things a currency or an investment? I wouldn’t use an investment as my spending money.
Also, the people building and governing crypto coins are not trustworthy given the massive amounts of corruption we’ve already seen from them
I don’t know how that argument doesn’t track for you. Crypto fundamentally can’t give you financial autonomy because it’s a very risky investment. You’d have to be one of the lucky few for that plan to work out.
Are we sure that’s not just the size of the community? I’ve never heard of digibyte
Your last paragraph really proves what I’m saying. Nothing in these systems prevents the real world types of fraud that everyday people are susceptible to because those are social problems. The technical safe guards that you describe require a user to be knowledgeable in order to audit and prove that they’re being used effectively.
Monero might be a good project making good decisions now, but what’s is stopping it from taking a course similar to the one you described bitcoin taking? It sounds like the only thing in the way is the current community.