Replying to Avatar Russo

There are people who only want Bitcoin to win, because according to their thesis Bitcoin fixes everything.

This is one of the most outrageous things I've ever heard from people with the capacity for conscience.

What fixes everything is the inner and individual change that each person makes to become a better person, which consequently improves the community around them.

Everyone preaches change in others, but how many really want to change themselves?

Bitcoin doesn't fix anything, because bitcoin is a tool and like all tools, it doesn't have the free will to do anything on its own, it doesn't have the free will to decide to only allow its use for good.

Bitcoin was created with the main role of being a tool that removes personal exposure from the creation of new currencie, and in that respect it has fulfilled its function exemplarily so far.

Now, is Bitcoin the best tool to use as everyday money?

In my humble opinion, no, because to make a purchase or exchange goods there is no benefit in exposing so much information in a simple transaction.

Would you feel comfortable if every time you made a purchase with your bank account the person you were buying from could see how much you had in that wallet?

Is it sovereign to use your main wallet to make payments in Bitcoin?

I don't know anyone who has the slightest understanding of Bitcoin who makes any payments with their main wallet!

For this very reason, I don't think that the main use case for Bitcoin is to replace physical money, but I do see it as a substitute for a savings bank account, protected from all anti-sovereignty measures and devaluation of the currency through new issues of the same.

In the case of a digital substitute for physical money, I think it's much more viable to use the most private too in the digital world, which in my opinion is Monero.

When person A makes a transaction to person B, only A and B know how much has been transacted between them, and with the information they both generate in the transaction, neither person A nor person B knows any information other than what is strictly necessary to carry it out!

In this way, I consider Monero to be an approximation of what physical money is in digital terms!

In conclusion, nothing external changes what's inside, and tools are just tools, it's what we do with them that can trigger change!

Because no one will want to use different kinds of "moneys", if most people will save in bitcoin they will not want to swap it to other currency to make payments, and then swap some back to btc for savings. It is friction, also one would use monero, others zcash or whatever, it's troublesome. This is way they say best money takes all, it drives others out.

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If that was true Monero wouldn’t have 3 billion market cap..

It's not overnight, even btc it's not widely viewed as SOV, still XMR is loosing against BTC. There will be many BTC L2s some with great privacy, all interoptable through LN. Ark protocol will have good privacy, there will be many options, each person will choose his protocol and pay/receive through LN.

When that option come, if they are better than monero why would i change?

Until then i use the best solution i know 😉

Ofc you will only change if they are better in your view, but over time if btc keeps being better SOV than XMR, then with more bitcoin acceptance everywhere, you will have less reasons to keep XMR if it's not widely accepted like BTC and with good privacy options on BTC. Until then yes, XMR is probably better for privacy.

And if a better tool borns in the future than both i will migrate to that tool, thats how world works.

All these privacy L2s so far are custodial, permissioned, or require intermediaries (ecash, liquid, lightning, etc)

You can have privacy AND sovereignty with Monero

Dogecoin has 11 billion market cap for ... ?

You want really compare a meme coin, with a coin with a pourpose? 😅😂🤣

Using different kinds of money isn't the issue imo.

The issue is friction to swap between them - unfortunately to this day this isn't as simple as it could be (not even close).

That could be easily solved if devs from both sides put the fucking ego away and build together, we would have a much more resilient tools to separete the money from the state

There's also quite a lot of friction in high fees, optional privacy, and tainted coins. All not ideal if your goal is MoE/p2p digital cash

With atomic swaps growing it isn't that inconceivable to imagine a multicoin future where these things are handled by wallets automatically and seamlessly