"Small percentage of people control about 90% of the world's supply of bitcoin" That statistic sounds kinda familiar

"Monero is what you think you get when you buy bitcoin."

I always tell people that bitcoin was just a proof of concept

Monero will one day be known as the Internets Cash.

This video renewed my confidence in crypto currency being used for every day transactions.

My main issue with crypto is not something that can really be fixed with architecture, it's simply how people only really use crypto as some stock market/get rich quick thing, which incentives having a high fluctuation, making so it's really hard to be used as actual money, as values can change on the thousands of dollars daily. Also there still is almost no [non-shady] place where you can actually buy goods with crypto, only exange it for 'real' money or other crypto

Monero is the swiss bank of Crypto and will only go up. XMR doesn't have "better fungibility" It is completely fungible.

Omg I've been subscribed for like a couple of months, and not only I got answers for basically all the questions I had and then some, my man also teaches me how to work out without gym membership, cook steak, understand crypto currencies and I'm a little scared to even think about what else I can learn here. It's just incredible. The only thing I can say is I gave up on vegetarianism just in time, otherwise I'd feel guilty for not taking my dude's advice. Thank you so much once again, Kenny, you are the Dark Knight of KZfaq.

Yess!! Monero is basically what people think bitcoin is

Dude, just the other day I was looking through your videos trying to find a Monero video. You're reading my mind. So shook right now.

I would say the first criteria for a good currency is a somewhat stable value, and that's probably the biggest problem of all cryptos

Monero is the true Bitcoin, this is why regulated exchanges do not add it :)

For me Monero is just nice because of the very small transaction fees. You can send small amounts of XMR without paying like $20 in transaction fees.

This channel is pure gold Bruh! Keep up the good work.

Thanks for the great video! As an XMR holder and buyer since the project started, I love seeing people realize how truly powerful it is compared to Bitcoin!

Dude thank you for all of your videos, you are hell of a versatile guy!!

What a great video, very informative, brings up some good points, advocating for a good cryptocoin, and didn’t even ask for a like. You my friend earned a subscriber

Please make some tutorials on how to get started with crypto. There is so much confusing info out there and you seem to be very educated on the subject. Thanks

That's a Ukrainian coin on the thumbnail, BTW. It says "25 копійок" - and it's already been withdrawn from circulation!

Ive been mining Monero since I heard of the potential and cant wait to see where it heads, some projects are real draws when they actually incentivize decentralization

Trivia: 'Monero' means 'coin' in Esperanto, a constructed living language with few speakers that was once considered a possible universal language, but whose adoption was thwarted by the french, back when French was the de facto lingua franca, before English took over that role. People who speak Esperanto usually praise how easy it is to learn it. However, it is not true that it is equally easy for everyone to learn it; as with any language, it depends on your background (it is easier if you know some romance language), and it forces you to learn to think in a different way; it is proof that even in very simple languages, you have to practice consistently (it is true, however, that it's many times easier than English; with a good method, it is possible to be fluent in a year). But Esperanto's real strength is its regularity and its philosophy: It is not as easy as they sell it, but it is very regular, so any rule or pattern you learn can be extrapolated to any analogous case with no enforceable exceptions. This means: In non-constructed languages there are lots of exceptions, and these are mandatory; in Esperanto, there are some exceptions (non-logical ways to say things), bc these were inherited from the first speakers, who unintentionally imported them from their mother languages, and by custom alone, these can't be considered errors, but there is agreement in the community that whenever you find a more logical way to say things, you can use it, and nobody has the right to 'correct you'. The above has caused the interesting result that Esperanto is now more regular than it was at the beginning, bc whoever learns Esperanto acknowledges that learning a non-constructed language is very annoying, that grammar n4z1s are very annoying too, and that having a complex language is a means of discrimination (did you know that the much hated and conservative Académie Française admitted back in the day that French was regulated to be so irregular and difficult to learn, precisely to distinguish the noble educated man from the peasant?), and thus, that having enforceable exceptions defeats the whole purpose of Esperanto.

So glad I found this channel! I really like how you explain stuff

I love these videos, I like your channel, spread more brother, we are always following your channel

I have been waiting for this video, Ring Signatures, Bulletproofs and RingCT are very confusing. Edit: I am now sad because I can't find a single good video explaining how exactly Bulletproof signatures work (like mathematically) D:

Informative. Thank you for the great explanation

I remember when I was on the dark web and I saw Bitcoin at less than a dollar. I immediately write it off as “this is stupid.” I will never make the mistake again!!! ADA and XMR to the moon baby!!!

Your channel is so underrated

Fun fact: Monero is Esperanto for "coin".

Maybe a streamlined video on how to set up monero mining.

Actually the amount of Monero being mined will get so small that it’s gonna take literally a century to go past 1 million. So yea you can mine more monero but it’s gonna be only .06 so very minimal.

This was a great video! Thanks so much for making this!

thank you for making this useful video man

as much as I love monero, I worry it won't reach mass adoption. Other crypto networks pack in other features. Like with ETH you can also host sites or apps.

Great video! Monero for the win!

Saw title and liked before watching

Awesome explainer! Been wondering about the privacy coins

thanks for this video. it was interesting.

Really great video. Subscribed

8:15, its relieving to finally hear someone on YT say that a fixed supply is not good for BTC. Any economics major would tell you that deflation (value of your currency increasing) is bad, and for BTC its disasterous. There's no point in me spending BTC if it appreciates in value while sitting in my wallet. Thus, the hording of BTC will continue to grow until the market becomes illiquid.

watching while mining it

if you hold XMR, please donate a little bit of it to the Monero Community Crowdfunding System or one of the specific proposals on the CCS

Didn't learn anything new but great video.

thanks for the Input stay safe 😌

Some (not all) points I got from this video: "Bitcoin is no longer private thanks to capitalism doing what it does best." "You will not have 0.00000000000000000001 Monero. 1 Monero also will not be $10 one day, $100 the next." "You can probably mine Monero. You almost certainly can't mine Bitcoin."

im almost first!

this channel is really informative 👍

Your videos are amazing

I just started using Monero yesterday... Mental Outlaw is starting to biolumenesce just a tad

Please make a video about gentoo single gpu vfio passthrough! I'd love to see how you set it up.

Thank you!!!

This is a good high level overview.

John McAfee was able to escape the law so long with help from Monero. They got him last year though. Never Fogret

Excelente aula, obrigado pelo vídeo!

Does XMR have a hard cap? Do you run nodes or just mine? Is each coin divisible?

great Presentation 👍 Thanks ☺

Nice video clearly pointing out the significant features of Monero. Minor point though, at 4:53 you say, "The sender's identity is obfuscated by ring signatures... that is combined with past signatures on the block chain, which make it impossible to determine who sent the transaction." Obfuscation is not the the same as 'making impossible to determine.' You also use the word obfuscate for the confidential transactions. I do hope Monero doesn't just 'obfuscate' but rather impenetrably encrypts these functions.

Do you have a video explaining how to start using cryptocurrency?

Those are really good points. I like bitcoin, but it really is more like a store of value and a backup element (like gold).

Very interesting video

The actual statistics for bitcoin, as of 2021/01/20: The top 2.43% of wealthiest addresses holding 94.92% all the bitcoins in circulation, while the very top 0.44% wealthiest addresses currently holding 85.51% of all the bitcoin in circulation. But we should keep in mind one thing, good portion of those top addresses very likely to be cold storage wallets of big cryptocurrency exchanges, so in a sense, those wallets are only storage boxes holding btc of many people. Statistics can be a bit deceiving at times. Which in it self doesn't change the main point of the argument, all currencies over time tend to clump up somewhere in some pockets of rich people or some large financial entities.

Very cool. I wish that I could find a cold wallet that works for mining Monero specifically. Monero is extremely easy to mine and extremely affordable too. Ethereum Classic is not too bad to mine mainly because you can use 4 and 6 gigabyte GPU cards now. Can't do that with regular Ethereum and don't bother trying to mine Bitcoin without an ASIC. And as far as people complaining about Bitcoin and other cryptocurrencies being used for criminal activity goes, people need not complain because cash itself has been used to commit more felonies than any of us can think about.

Outstanding video

what are alternatives for monero? high security in default setting.

Now do the same with Ethereum please... I have seen some explanation about it being a giant computer that anyone can use to program but I still can't get my head around that :')

If there's such a large supply of Monero what is to stop it from becomming the new fiat? If anyone can mine it and there's no upper limit, sure the FED can't as easily print it but what's stopping the inflation from going crazy just like it did with cash?

Good content

best CC by far!

BTW, Ethereum is not the currency; it's just the technology, so you can't "buy Ethereum". Ether is the currency.

is the keyboard sound inserted or are you actually pressing a key to move to the next slide?

your i trust you the most over other crypto advices

Pretty cool this video has gotten so many views! More than Coin Bureau’s XMR vids, who has the biggest crypto channel on KZfaq.

Wow, knowing about monero and investing in it this year has been a game changer for me.

Very informative, but I have to immediately wonder: Are there any clearnet places one could make use of Monero?

So if you're buying monero from an exchange and sending it to you wallet where are you left in terms of privacy?

Thanks for Ukrainian cents on preview bro

Great job explaining. I was wondering what happens if to hole internet when down will you be able to recover your coins I did get the answer to that again keep up the good videos!

Just successfully mined some today. 😎

Thanks dude!

Gotta love some XMR!

How about exchanges in the US delisting Monero due to fear of being shutdown?

Great video

Great video.

i love how that monero pic (3:16) has an ukranian 25 копiйок coin haha

You should make a comparisons of the available linux kernels, like linux-ck, linux-zen, explaining which one is best for performance. For example, I have discovered that linux-ck is better, on my T440p, for performance. Monero hashrate went up to ~1030H/s (CPU is i5-4340M)

Good video!

so and what can they do with it? are there significant transaction to sell them into hard cash?

This is why I expressly mine xmr over BTC and ETH

Monero could be the cryptocurrency which eventually unseats Bitcoin for the highest coin market capitalization.

Has something change since then, any updates about Monero: how it is doing?

good video

Hey friend, are your videos on other platforms? Trying to set up newsboat so I can ditch google. I'd like to use a feed different than KZfaq's if possible

are you on LBRY ? if not could you make a vid about it ?

I heard somewhere that you can buy prepaid visa/Amex cards with monero. Is there a way to sell it and convert it into fiat or a similar equivalent anonymously?

What are your thoughts on Nano (RaiBlocks) ?

Algorithm?! :O

Is Monero a good store of value given that there is no limit to how much can be mined?

very useful thanks

love the channel

Can the use of monero be outlawed? Seems like unwelcome competition for the governments currency and taxes

The increase rate of Monero is a constant number as well, so the inflation rate approaches zero in the long term.