Nostr Web Client

>"optimising for the former is great if you only want to buy drugs with your money"

Lol, love how you anti-goverment guys now adopt the repeated government slogan about privacy. I know you don't really believe that though otherwise you guys wouldn't be trying to improve Bitcoins privacy in the first place with Lightning and other layers (or use a nym online - what are you a criminal?).

Privacy with your money has been the default for most of human history. Complete transparency on all your transactions is the weird unprecedented thing here.

And if you want to buy drugs with your money, so what? That's up to you to take on those risks and no one elses business.

StackSats.IO 10mo ago

I don’t have a problem with you buying drugs.

But optimising for privacy at the expense of unknown supply makes Monero infeasible for anything other than black markets. That’s literally it’s only usecase - short term, in and out, get your drugs and get rid of your shitcoin.

You’re not disrupting fiat and separating money and state with that.

Privacy is a nice to have but in terms of properties of good money which CAN separate money and state it’s not even in the top 5 and yet you idiot Monerobros have 100% optimised around it.

The reason your network grows so slowly is not exchange de-listings, it’s because no-one can trust their share of the network and this it WILL NEVER SCALE SOCIALLY.

You clowns really might be the most autistic retards of the entire crypto space with your complete inability to understand the social aspects of money as a technology and instead doubling and tripling down on your antisocial privacy element. Truly stupid.

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Discussion

059aaeae... 10mo ago

Bitcoin value proposition literally only exists on black markets

Yea, its totally not because of delistings and countries banning it (and it's still pumping DESPITE everything going against it) and because "no-one can trust their share fo the network". People are very rational and think deeply when it comes to these things which is why fartcoin, trumpcoin, and a thousand other shitcoins become so popular.

And I'm the stupid autist lol.

https://github.com/libbitcoin/libbitcoin-system/wiki/Permissionless-Principle

StackSats.IO 10mo ago

Yes you are the stupid autist because you can’t even understand the points made against you.

rafael_xmr 10mo ago

The irony is exchange delistings made it stronger, it's tx count is growing while btc's is decreasing, closing the gap everyday, it has been appreciating versus BTC for the past few months

It seems Monero people have the complete ability to understand the social aspects of money as a technology and it's privacy guarantees plus wide adoption across dark web markets and other clearnet sources has made it grow consistently even without the help of 1) corporations 2) exchanges or 3) governments, and this trend will only continue due to the SOCIAL aspect.

https://bitinfocharts.com/comparison/transactions-btc-xmr.html#log&3y

Ľḭṿḙśƫṟãɖãṁṹṧ💫#RunCoreV30 10mo ago

does that graphic include L2 Bitcoin transactions?

rafael_xmr 10mo ago

No, but these graphs do:

nostr:nevent1qvzqqqqqqypzppmnpqnkhegvaxa05lj7xa8yljl4axze5gv33u6t4m7sqp6xklf4qyd8wue69uhkx6t5wf5kuefwwdsk2uewd9hn5dpcxcuj7qg4waehxw309aex2mrp0yhxgctdw4eju6t09uqzqmn5eww2duaye3ypx6hedwsht390yuf2gtzlkqz854n392l9w8qcgcalc8

Ľḭṿḙśƫṟãɖãṁṹṧ💫#RunCoreV30 10mo ago

Fair enough that's good for it at very specific places. The overall market is still Bitcoins, which is preferred- while still coming in useful at 'gray markets'.

People feel comfortable spending their XMR and need to move out of it real quick. The NgU stops people from spending BTC because we still remember spending bunch of it for online goods that are now 100x more today and that hurts a little.

Additionally Bitcoin goes through very cold periods, including now where transaction numbers get really down but pick back up, and speculation or just HODLing are use cases whether anyone likes it or not.

Hanshan 10mo ago

i contend that if you DON'T help pay for network security

you are not a user of the network.

hodlers dont pay for network security.

they ride for free and are therefore not "users."

Bitasso 10mo ago

I get what you’re saying about running a node, spending sats, etc, but this is an orchestra, not a solo, the very act of hodling has knock on effects that incentivize hardware and software that help secure the network.

Trace Mayer’s “hodler of last resort” principle also sets a base price, you could argue that this establishes a price floor that also prevents everyone from abandoning ship altogether.

Hodlers are important, their payment is through tenacious resolve.

StackSats.IO 10mo ago

This is what closing the gap looks like huh?

Yeah you’re clearly smoking way too much drugs, which I guess isn’t a surprise when that is all your money is good for.

By all means go have a drug economy. Maybe the cartels will go on a Monero standard, wouldn’t that be something?!

Ľḭṿḙśƫṟãɖãṁṹṧ💫#RunCoreV30 10mo ago

I'm in favor of 'black market' drug economies for btc.

And there are.