Comments by "rejvaik" (@rejvaik00) on "How Monero Works (And Why its a Better Currency Than BTC)" video.

  1. So basically bitcoin has reached the point of diamonds like the DeBeers company Where only a small percentage is released into the public to keep the prices high But the majority of it is hoarded
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  2. I'm not convinced. Since a government can just easily ban ALL cryptocurrency in their borders as is the case with China
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  3.  @checker297  yeah I'm going to disagree, especially with the fact that ice Poseidon just created a crypto currency to make it so it was possible for him to steal investor money of 500'000 USD proves to me that people aren't after crypto. No they are after the value that crypto holds or the "perceived" value that crypto holds which is fukin dollars
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  4.  @iCore7Gaming  I don't know the exact details because the Chinese government and its regulations are kept opaque for a reason but likely what it is is that they can't ban crypto directly but if you are caught with it they will jail you and that is typically enough for people to not use it because police brutality and torture in Chinese prisons is rampant
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