You haven’t bought Bitcoin yet and now it’s over $23,000 and it keeps on growing and you’re never going to be able to afford the “new global currency” and if only you’d listened to your geeky cousin Jeff in 2013 because he just bought a yacht and sailed off into the sunset with Miss America.
The party is only getting started! And Bitcoin is not the only player in town.
Yeah, Bitcoin is the popular kid. The reigning prom king. The one voted most likely to succeed. In fact, a few days ago Morgan Stanley’s global strategist has publicly made a case that Bitcoin is on its way to becoming the world’s reserve currency, warning world governments: “Do not assume that your traditional currencies are the only stores of value, or mediums of exchange, that people will ever trust.”
Hey, it’s no secret, we’ve been saying it.
Cryptocurrency for the masses. It’s a beautiful thing. Kumbaya and all that.
But it took a while for Bitcoin to become this widely accepted. Eleven years to be precise. And in a lot of ways Bitcoin sold out from its original intention, which was to be an anonymous, peer-to-peer replacement payment system. Today, Bitcoin has become more of a hot institutional asset class – the new secret sauce of investment houses.
So where does this leave privacy? And fungibility?
Again, no secret that The Crypto Vigilante team, and me personally, are super bullish on Monero for exactly those two advantages.
Monero is not the only adolescent coin with potential though.
Today, I’m interviewing the Wownero team, who says this little cousin of Monero is putting the ‘fun’ back into fungibility.
Or in their words: “Wownero is a Doge-inspired, CPU-mineable, privacy-centric memecoin. It is a software fork of Monero with a lite version of RandomX (1MB scratchpad), a ring size of 22, a faster difficulty adjustment, and dynamic coinbase unlock times. Wownero has a deflationary fixed supply of 184,467,440 coins with a slow and steady emission over 50 years. Wownero is a fairly launched coin with no premine, instamine, stealth-mine, ICO, or dev tax… Unlike Opposing Forks.
For a more basic explanation of how Wownero works, and why, watch the video. You’ll also get a personal invitation to join in their quest, which is to “apply Monero’s badass tech to this fun crypto, get drunk, get high, and write code without rules or limits.”
Basically, these guys are inviting you to help push Wownero and Monero into the next level as crypto coins which have cut the Bitcoin umbilical cord. For people who:
- Aren’t satisfied with buying shitcoins on PayPal
- Are ant-statist and know enough to care about protecting their privacy – now!
- Use Brave over Google because they’re avoiding Big Tech surveillance
- Follow LBRY and BitChute over YouTube because freedom means something to them.
When will the masses adopt privacy? WTF knows. People don’t care until they do, but this year has certainly fast-forwarded the process.
One thing is certain: it’s better to get in too early than too late.
For those interested in trading this coin, we currently recommend using the TradeOgre exchange.
Crypto Economics Analyst