How can you be "sovereign" if you value your BTCs based on fiat speculations, like most hodlers do?
Discussion
Does Monero not have a market price? I fail to see how this applies to Bitcoin but not monero
Do Monero users not make purchases based on the current exchange rate?
Are you asserting that if you participate in the market you are therefore not sovereign?
But to answer your question directly, I am sovereign because I hold my own keys and I broadcast my own transactions and I audit the supply of coins without any third parties, using node software I've selected. If Bitcoin core updates to a new version tomorrow and I don't like it, I am not forced to use it
Yeah, it still does have a market cap / price, however Monero has been delisted from almost all CEXs. This a great indicative that mainstream fiat markets don't like the Monero's privacy features but this is no problem for us as we can trade only in P2P.
My point is: most Bitcoin maxis just care about hodl and nothing more while most Monero users want to engage in anonymous commerce using solely XMR. Darknet markets is shifting from BTC to XMR
https://livedarknet.com/p/is-bitcoin-losing-its-place-on-the-darknet/