wtf is wrong with you ? do you really think they store their wealth with xmr ? sure they do use it to transact, I’m the first one admitting onchain privacy of monero is superior, but please tell me you don’t really believe this is a good way to stack your wealth. bitcoin has a fixed supply, monero hasn’t, this difference between them is enough to understand that monero will never ever surpass bitcoin. what I was saying in the beginning was "why wanting to implement monero on nostr, since we have lightning and ecash", to prefer using monero than bitcoin for onchain transactions is understandable, and I agree with that statement, but I seriously don’t understand why would one want to use it on nostr instead of ln / ecash
Discussion
Monero releases yearly 0,66% new coins on the market to assure everyone with a normal computer without graphic cards still has a fair chance to mine them. This ensures normal people maintaining the network get rewarded for mining. It isn't a big drama, it was a design decision to reward home-based miners.
You won't mine your fedcoin, you won't even bother to run a node. All of that is done at some chinese farm or whatever commercial groups approved by local governments. Your goal here is to see "store of value" and "money goes up" like any other jewish guy.
Monero is for the people.
Buy privately, stash millions privately, cash out anywhere, privately.
And it works just fine since years.
oh I finally see the real retard that you are, I’m nowhere near a jewish but okay if you say so I guess, you apparently have absolutely no idea how money/bitcoin/society works and that’s completely fine you know, but I won’t bother trying to argue with you anymore, I wish you a good day
Then stop parroting jewish viewpoints.
There is a reason why we do crypto around here. It isn't because of "money goes up", that is a side-effect.
It is because you break from who controls the money and you regain financial freedom. Freedom requires privacy and fortunately you never had to pass by such situation but privacy is indeed a life-death matter for most of us folks around the globe.
Learn that.
as I already said, you don’t know how all those things you try to defend, works. you assume things based on nothing, you talk about life-death situations as if you know shit about everyone’s life, one day you will maybe understand.
financial freedom ? from a none fixed amount "crypto" ? learn how money works, then you will be able to talk about financial freedom and how to achieve it.
price is a indication factor, on how much people believes in it, not a wealth factor like you think I care about.
based on that very same indicator, I can assure you that your money is tied to ours, not the opposite, and it will never be.
of course, monero is, in fact, more private from an onchain perspective, but assuming that you can achieve financial freedom with it because of that point is pure non sense and show how much you lack knowledge.
0.1 btc will always have more "value" than 1 million usd, no matter the actual price, xmr will never achieve that fucking freedom, that fucking sovereignty, no matter what you try to tell yourself
Some people prefer it over ecash because Monero is non-custodial
Some people prefer it over ln because the UX is simple
"bitcoin has a fixed supply, monero hasn’t, this difference between them is enough to understand that monero will never ever surpass bitcoin":
https://github.com/libbitcoin/libbitcoin-system/wiki/Scarcity-Fallacy