Subnostr

Yes.

And if you need absolute privacy, like sending money to people governments say you can’t, you will need to seek out other means of shifting into Monero.

If BTC was like that, it would be treated the same way by exchanges. Which is why BTC caters to legacy systems.

Privacy will still be possible, eventually ✨

ede3d957... 1y ago

Unfortunately BTC has been built around CEX that are now KYC/AML extortion traps.

Luckily Monero got delisted and for better or worse is forced to build the DEX and atomic swap ecosystem that can not be rugged.

This will have tremendous value in the future. Just like it has tremendous value that BTC has so much liquidity in 1000s of trading pairs.

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Discussion

Bauzen 1y ago

A lot of that flew over my head.

How can I learn more? 🙏

Hanshan 1y ago

The idea here is

by embracing delisting and acclimating to operating *outside* the tradfi area

see: DEXs, p2p markets, circular economies etc

monero gets a headstart on actual grassroots usage

and relatedly

develops immunity to manipulation by 3rd parties.

otoh, BTC

by embracing adoption by tradfi

actually weakens its censorship resistance

true or not...? its a matter of perspective.

but basically true I think.

Bauzen 1y ago

I think you’re right, it’s a starting point to avoid detection/disturbance for grassroots p2p markets.