Has no one here heard of bitchute, odysee, rumble, brighteon? Come on man!

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[–]JasonCarswell 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (3 children)

Thanks for the info.
Seems like people should split their assets up to avoid the KYC thing.

[–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (2 children)

Or use only Monero, the data protection, privacy, anonymity, untraceability coin.

[–]JasonCarswell 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (1 child)

Saved and noted. Sounds good, but I also heard there was the problem that there is no maximum limit to the number of Monero coin that can be produced - thus creating problems I fully don't comprehend about scarcity etc..

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

That is true, however mining Monero is VERY difficult and truly is not profitable. That is a fairly tough cap on how much supply there can be.

I mean, if you do everything right, and your power is cheap, you can look at 2-5 years ROI on your equipment by mining Monero, while you are looking at 2-3 months mining Ethereum. At current valuations.

In other words, the only people mining monero are those who know how great the crypto is, and not people who are out to make a buck.

This makes the supply side of XMR (Monero) a vastly different proposition than that of BTC or ETH.