He's completely off the mark on some arguments: "At some point you have to get back inside the walled garden", he argues that Monero allows you to do a lot with its privacy, but will eventually requires the user to switch back into fiat or bitcoin or some other asset in order to use it.
Which is odd, since that same argument can be made against Bitcoin or any cryptocurrency as well for that matter. The entire goal of these alternative forms of money is to create circular economies and NOT exit the ecosystem. Bitcoiners nowadays just operate in totally different wavelengths from the bitcoiners of the past. A decade of complacency does that to one's mind.
He also falls into the mindset of "Monero is great for crime", which is an extremely shallow point of view.
I wasn't able to finish the video. It's interesting that he compliments Monero in some areas (mostly technical) and doesn't outright dismiss it as a scam, which is already a big accomplishment compared to your average bitcoiner, but other than that, he misses on almost everything else (as far as I got into the video).
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I will take some of that criticism back regarding the "walled garden" and circular economy. Later in the video he makes some comments to address that. I'll just refrain from commenting unless i finish
He's completely off the mark on some arguments: "At some point you have to get back inside the walled garden", he argues that Monero allows you to do a lot with its privacy, but will eventually requires the user to switch back into fiat or bitcoin or some other asset in order to use it.
Which is odd, since that same argument can be made against Bitcoin or any cryptocurrency as well for that matter. The entire goal of these alternative forms of money is to create circular economies and NOT exit the ecosystem. Bitcoiners nowadays just operate in totally different wavelengths from the bitcoiners of the past. A decade of complacency does that to one's mind.
He also falls into the mindset of "Monero is great for crime", which is an extremely shallow point of view.
I wasn't able to finish the video. It's interesting that he compliments Monero in some areas (mostly technical) and doesn't outright dismiss it as a scam, which is already a big accomplishment compared to your average bitcoiner, but other than that, he misses on almost everything else (as far as I got into the video).
I will take some of that criticism back regarding the "walled garden" and circular economy. Later in the video he makes some comments to address that. I'll just refrain from commenting unless i finish