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MONERO OR BITCOIN? - Which Is A Better Store Of Value?

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First published at 11:48 UTC on February 5th, 2022.

#monero
#xmr
#bitcoin

AnonymousFinance

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Today we discuss Monero, and whether we think you are better to store your wealth in Monero XMR or Bitcoin BTC.

In fact in our view Monero is one of the most under valued cryptocurrencies on a fundamental level.

That does not mean that you should…

Today we discuss Monero, and whether we think you are better to store your wealth in Monero XMR or Bitcoin BTC.

In fact in our view Monero is one of the most under valued cryptocurrencies on a fundamental level.

That does not mean that you should necessarily store your wealth in Monero, however.

Although governments are gradually waging a war on Monero by strongarming centralised exchanges to remove it as a trading pair, the Monero developers have reacted by creating atomic swaps.

An Atomic swap allows you to swap between Monero and Bitcoin without relying on a trusted third party or the person on the other side of the swap.

Atomic swaps have only two possible outcomes. Either the trade is successfully completed and each trader receives the others funds. Or nothing happens and both parties keep their original funds.

The beauty of this is that you can store wealth in bitcoin and go in and out of Monero as a currency as you choose.

Perhaps this admirable feature is the reason for our perception of Monero being so under valued.

When it comes down to it, only you can decide on your crypto investment strategy. And it must be dictated by your objectives.

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