Nostr Web Client

Problem with this is that Monero is a better private store of value (not really its purpose anyway) AND certainly a better medium of exchange. As OFAC sanctions encroach upon non-KYC BTC UTXOs we'll see a squeeze of nonKYC Bitcoin and thus the adoption of Bitcoin will be bifurcated sharply between the regulated KYC UTXOs and the non-KYC "Tainted" coins. This is already happening with high AML risk coins like those in coinjoin, it's only getting worse.

Meyer 1mo ago

Cool story! You have people in this thread that are telling you they like monero and support it but they also like and appreciate bitcoin. What do you honestly want from people?

Hate to break it to you but as hard as you monero bros try, monero will likely never be widely adopted as either a medium of exchange or a store of value.

Best case is that it remains a way for people that need to operate in black/grey markets to exchange value outside of the surveillance state which many of us support and should make you happy

Reply to this note

Please Login to reply.

Discussion

Daedalus 1mo ago 💬 2

All freedom preserving markets will have to become grey then black. Stay tuned.

Meyer 1mo ago

Ok if/when that happens, then we will swap our bitcoin for monero to transact in these “freedom preserving markets” if/when we have to.

I and most of us on here will continue save and store our wealth in bitcoin over some privacy shitcoin while you scream at us and hate on bitcoin

Meanwhile I am doing just fine transacting over lightning and I am not asking anyone for permission to do so

Daedalus 1mo ago

They know that that's your plan, that's why we're seeing crackdowns on coinjoined UTXOs. You think they stop there? I posit that non-KYC UTXOs are next, they have a clear anti terrorism anti money laundering narrative for it and all the intention to do so.

By the time it becomes salient that real untraceable digital cash is necessary for even inoccuous freedoms we take for granted, your stack very well may not help you if no Monero holder will trade for it.

Hanshan 1mo ago 💬 2

freedom will never be popular.

always has been.

Meyer 1mo ago

I am with you

Here is a great example of an insufferable monero bro though. Him and a few others on here make me very disinterested and almost adversarial to your cause.

Hanshan 1mo ago

I dunno man

it's true we take ALL the opportunities, but I kinda think this is you being too sensitive.

I don't really see any examples of "screaming at us and hating on Bitcoin" in this thread.

looks like pretty intelligent discourse in general.