If Monero was the first coin, Bitcoin would be worth $0, as it has nothing to offer. The fungibility of Monero makes it more Bitcoin-like than Bitcoin itself, and Monero has so much more like the tail emission, adaptive blocksize cap, and gradual block reward decrease rather than halvings, which cause a sudden shocks to the system.
Monero is an elastic supply model, bitcoin is inelastic. Even though Monero does maintain their scarcity, it doesn't mean it's limited. All this if's, fact is without Bitcoin, Monero would not of been born. Have to respect the grandfather.
In the forecast it looks like Bitcoin ... didn't make it again, in Germany alone over 10 tons of gold coins were invested in the corona pandemic !! why not Bitcoin then it would have been different with the price
Thing is, I would have said that too if I had bitcoins for around 100,000, but if you stay in reality it doesn't happen as great drama, some have said 6 years ago there will be healving and the price of 60,000 euros
Example.Please compare the top 100 richest BCH wallets:https://bitinfocharts.com/top-100-richest-bitcoin%20cash-addresses.htmlWith the top 100 richest XMR wallets:https://bitinfocharts.com/top-100-richest-monero-addresses.html
According to the report, the new system is able to “partially reduce anonymity” of transactions involving major coins like Bitcoin, Ether (ETH), Omni (OMNI) as well as privacy-focused cryptocurrencies like Dash (DASH) and Monero (XMR).
As CryptoPotato reported yesterday, three major US government agencies, namely the FBI, the IRS, and the HSI, seized over 300 cryptocurrency accounts containing massive amounts of Bitcoin from al-Qaeda, ISIS, and Hamas.The three terrorist groups got the funds by raising substantial donations from believers or impersonating legitimate organizations to dupe people into sending BTC. They also reassured their supporters that all Bitcoin transactions were entirely anonymous.However, that’s not the case, and the US agencies managed to trace and ultimately seize the cryptocurrency accounts belonging to the terrorists.The post UK Authorities Seize $150,000 Of Illegaly Acquired Bitcoin appeared first on CryptoPotato.
The MPS (or Met) announced that the Proactive Money Laundering Team had investigated a 35-year old woman for illegally acquiring substantial amounts of government-backed funds and using them to purchase Bitcoin.Upon receiving a search warrant, Met officers, assisted by Suffolk Constabulary’s Proactive Crime Team, raided the woman’s residential address in Ipswich. They found several children left at the address on their own. The authorities located the suspect nearby and arrested her on suspicion of fraud, money laundering, and child neglect.The police interviewed the woman and released her on August 12th while the investigation proceeds. However, Met officers successfully applied to a London magistrates’ court on August 13th for the detention of £115,000 ($150,000) worth of Bitcoin held in a digital wallet belonging to the suspect.