Is Monero the litmus test for rancid BTC maxitards? It sure is. If you can't see that and resort to name calling, you demonstrate you are as retarded as any other maxitard. Easy as that.
Discussion
Sorry brother. Monero has very little use case besides losing purchasing power if you hold it. 🤷🏻 Privacy needs can be met with proper opsec.
Ask the co-founder of Ledger how proper OPSEC went. I think his name was David something.
Ask Satoshi how proper opsec went. If you can find him....
That's proper opsec. Bitcoins largest holder. And you don't have a clue who he is.
Yeah, because he doesn't use Bitcoin. If he ever used it, we would all know about it. So you're telling me the proper way to use Bitcoin is to have some and never ever touch it.
Purchasing power in USD is not how I want to judge what is best. Functionality is what I want to understand. If suddenly people decide that layer 1 privacy is important, the "purchasing power" could shift over night.
Purchase power is literally the only thing that matters with money. Especially with money over time. Money has one function. To buy things.
And purchasing power is USD value to you then? What if I want purhase something privately. Suddenly KYC btc has no value to me.
Purchasing power is purchasing power. Didn't matter what it's measured in. Value is subjective. You can definitely swap around KYC btc to retain privacy. Either through liquid or lightning atomic swaps, ecash, the list goes on. KYC Bitcoin is still Bitcoin and it has the same purchase power as non KYC BTC.
I am a bitcoiner miner. Havr been a holder for 8 years. You don't need to explain to me why it's great. I will always continue to ask questions though. Don't close your mind.
My mind isn't closed. I e analyzed the situation and come to a conclusion based on the facts. If the facts change, I'll change my mind.
What do you dislike about monero? Without mentioning USD price which is a social construct and can change. And without mentioning adoption, which could also change in the future. Help me understand.
It's not about USD price it's about price period. Measure it however you want but 5 years ago you could have bought a shitload more of eggs with one manero then you can now. I don't care about USD I care about what my money will buy me. You can use Bitcoin pseudonymously. Therefore I don't see a use case for monero. Which would be why the market continues to devalue it against Bitcoin. Money converges to one. You don't need multiple. It was the same story with monetary medals.
That makes sense. I still think if people become more aware of the privacy concerns, when we are in a post NGU focused place, monero could gain value. Looking at history, you are correct. It's gone down against bitcoin. I just wonder if privacy became a priority, could that change. And could not both remain relevant if we want privacy?
Most people will never give a shit about their privacy. I'm sorry but I don't think that will ever change.
Good point. I have recently been opening up to considering the trade offs between the two and many people are not having it.
Because ecash is better.
I love ecash. Seems like one of the key ways to scale bitcoin.
It is a custodial scaling solution. It helps but I'm eager for more L2s like nostr:nprofile1qqst56gyvmerl23cj9tscz3caqws48uy577v09nj6xw34we0cyg4duqpr9mhxue69uhkummnw3ezumrwvf5hgcm0d9hzucm68gqs6amnwvaz7tmwdaejumr0dsqs7amnwvaz7tmgd9c8xarj9e3h52pvctv
This is the first I heard of it.
ecash being custodial is a 100% showstopper for me. I don't care with respect to big or small balances. I want to like some other things about it but that's the biggest thing stopping me.
if I can't trustlessly and permissionlessly change ecash tokens back into hard BTC even when a mint is down or hostile, then it's fake bitcoin, an altcoin. people who promote ecash today are promoting altcoins while they pretend not to.
there are possible ways for making it completely unruggable but they most likely require L1 opcodes that aren't activated yet. building ecash on top of lightning is probably also not the best idea because lightning has issues. until the problems are resolved you won't be seeing any serious people trying to use ecash for things like darknet markets.
meant to reply to other post. ark is also a good avenue to explore. it's encouraging to see more options... it needs CTV or an equivalent opcode in order to function optimally.
Also I might point out that you just resorted to name calling...
Good point. 😜