Idk if confirmation is not important why confirm transactions at all, it doesn’t make sense whether RBF or not. Not confirmed transaction is not valid in view of blockchain.

I like the argument of asking not to distinguish coins but I don’t ask others to do anything, I let them do whatever they want, if for whatever reason they are against my interests I turn to other who isn’t. I haven’t used cash for a long time, all my transactions can be seen by my bank anyway, if they laughed at my purchases what else can I do?

I often see argument from XMR community saying XMR is fungible like cash. I agree XMR may be fungible but cash certainly isn’t. Every single bill has a unique ID number, no one cares or records it so it acts “like” fungible, but if (a big if) government requests all merchants to record all cash transactions in ID then it is suddenly not that private anymore. The fact that it can be done but not done due to difficulty or lack of necessity is what holding the fort. While an open ledger like bitcoin, on the other hand, is very easy to track by anyone. The fact that if you care you have choices to break the track but if you don’t care you are good to go is what I think the opposite of what private cash currently is.

I see transparent ledger as a double-edged sword, it may be bad for individuals but certainly good for public fund users. If public ledger is the answer to less corrupted government then I am all in!

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Discussion

Confirmations > DSP + noRBF > RBF > LN

Agree nothing beats confirmations, nothing is final until it's on chain, but if you are going to go the non-final settlement route DSP + noRBF is definitely safer than RBF (much smaller chance) and better than LN (automatically confirms shortly after and doesn't have all the other problems adn complexity involved with LN).

Yes, I get what you mean by cash not being perfectly fungible. I think you are right. It is just a simple and easy to understand analogy because almost everyones accepts cash as the same without discriminating based off the ID number. You also cannot know the full history of a cash bill and everyone who it passed through. The same way many Bitcoiners use the digital gold analogy even though there are differences.

Yes, even Monero is a double edged sword. The problem I see is corrupt governments won't use Bitcoin since it is transparent and accountable. Just like they could be transparent and accountable right now and don't do that. We can't force them to use it.

They will demonize Bitcoin and Monero in the eyes of the public because they can't control it. But that is ok because we can use it and they can't stop us.

Onchain settlement is important that’s the reason gold standard ships gold all over the world, when someone said fuck it lets just do L2 and forget about base layer settlement then born the fiat standard. L2 always trades security (or something else) with connivence, it is unavoidable paradox. I still haven’t got to the L1 scaling video yet, your response is fast and content rich 👌