Nice! Everything has tradeoffs
Discussion
Meanwhile people move to monero because trade-offs aren't required...
Yet on Bitcoin all I see is this trade-offs mantra... And people onboarded to KYCed and custodial solutions...
No shitcoins! Bitcoin and Paypal and Mastercard and Visa only!!!
Why would he waste his time with adding the complexity of monero?
Hes selling wine not meth or w.e it is you spend your mental masturbation monies on.
The lightning bro wants to talk about complexity? 😂
Another facetious response, insane.
To accept Monero & HODL like you're asking him to do,
He would need to manage a second HWW/PK.
With Bitcoins he can use LN to spend or HODL - that reduces his complexity & if he didn't want to deal with the LN part - he just uses Zeus.
Stop crying about lightning Everytime someone is discussing why they don't accept Monero - it's childish.
Where am I asking him to do anything? Go ahead and quote me. You wont be able to because I didnt.
You're just changing the subject now. This was about the fact that he said he doesn't accept Monero because he "opted out of inflation" but still accepts USD. I'm pointing out his reasoning doesn't make sense if that is why he doesn't accept it. If that upsets you then tough.
I opted out of inflation, with Bitcoin.
I'd opt into inflation for Monero
I'm missing how there are no tradeoffs
Also if your gripe is how people are onboarded and KYC, your gripe isn't with Bitcoin.
I feel like you're just making arguments that are tangential out of frustration about generalities.
The tail emissions is a complex topic. It's not as cut and dry as you may think. And the debate over having it or not will be settled in 150 years when Bitcoin stops emitting bitcoins and we see if the network can maintain security when it stops paying miners.
Also even a small tail emissions would be less inflationary than gold. And waaay less than fiat. Because the amount emitting is always smaller and smaller compared to the total amount..
Additionally it's not inflationary if it simply replaces lost coins.
Even the printing of the US dollar has to do this. Print dollars at a rate that replaces old or lost dollars... Of course we know they go beyond this mandate.
I'm here to end inflation and hopefully I have a free private transactions fixed along the way
It sounds like our priorities don't match
To get back to where we started, if you want to try my wine you can buy it with Bitcoin or dollars, but if not that's fine too
>"I opted out of inflation"
>"if you want to try my wine you can buy it with Bitcoin or dollars"
You don't accept Monero because of inflation, but you accept dollars because they don't have inflation? 🤔
Do what you want, but your reasoning is off
Also Bitcoin is still inflating circulating supply for 100+ years until block subsidy runs out. You can't really say it doesn't yet.
His expenses are in dollars, stop being facetious.
I forgot that as long as your expenses are in a particular currency it magically makes that currency no longer inflationary 🙄
what about goldbacks?
You gonna send em in the mail?
no just curious about your commitment to avoiding inflationary MoEs.
Gold has a higher supply inflation than monero.
Gold and monero are directionally aligned with fixing the money, but since money tends towards 1, I have chosen a horse in the race.
Bitcoin isn't perfect and I'll be working to support its improvements.
If someone wanted to pay me in gold, I'd do it for the novelty, but Monero doesnt have that novelty for me
ok
so it's not about inflationary MoEs 👍
So you're not willing to have a nuanced discussion? 🫡
wheres the nuance?
I'm pointing out you keep referencing inflation in this thread
but you'll accept gold and USD.
so it's not about inflationary MoEs, its about picking your preferred currency.
and maybe some exceptions here and there for novelties sake.
seems pretty straightforward.
Trading for gold would be more akin to trading my wine for many of the other things I've traded it for like shoes, honey, work, meat and many others.
Anything can be money.
I've chosen my horse and the most important thing for me in choosing that horse is ending inflation.
You're coming at me with a "got ya" vibe
yes
because you're being logically inconsistent and not owning up to it.
thats retarded dude
go waste someone elses time
"anything can be money and ill accept gold and shoes and honey
but not THAT money. because reasons"
👍
Anything can be money.
Shoes are good money when I need shoes
Gold is good money when I want a shiny rock on my shelf
Monero is good money when I want Monero and I still haven't found that point
Right
not about inflation or not.
We're off track.
For a money that I expect to be meaningful globally into the future, inflation is the #1 thing.
My examples are meaningless in that context
Then it's strange that gold has been money for 5000 years with supply inflation.
seems like maybe that isnt "the #1 thing"
It was all in search of finding a solution to that. Now we have it.
Inflation will be dead in 2140 and is quickly being killed off until then.
I'm happy with that
You can feel however you want about it.
Fact is,
gold has 2-3% annual supply inflation.
Bitcoin also has supply inflation.
its obviously not "the #1 thing"
and also, we werent off track 🙄
the question was "why dont you take monero" and you were trying to play it as a principled inflation reason
the question WASN'T "what money do you think will be successful"
but you changed the subject and thats fine.
What a nuanced take nostr:nprofile1qqs0npwnpyvheqz7zuvuwvv9k460c0hyqlturds40hhfn34vufvehwcpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3vamnwvaz7tmjv4kxz7fwdehhxarj9e3xzmnyqyw8wumn8ghj7mn0wd68ytfsxyh8jcttd95x7mnwv5hxxmmds76tlq
Person doesn't accept monero "cuz inflation"
Takes gold which has increased inflation rate in last century due to increased mining tech.
Has increased supply for millennia...
The inflation argument just seems like a way to shut people up...
And 2140 is a long time away, is the current inflation of bitcoin more or less than the current inflation of monero?
Bitcoins emission schedule is actually quite fast imo... 95% emitted by Nov based on nostr:nprofile1qqs2fj6373scelx3dvknzuwyvctehmvwr97y8wze3q3mqn0zvm80zyqpzdmhxue69uhhwmm59e6hg7r09ehkuef0vtptej's dashboard
I’ll take both 🤙
and if we're really honest
more bitcoiners buy your wine and you get better exposure because you identify as a maxi.
so you'd lose street cred among the demographic you are marketing to if you DID accept other decentralized PoW currencies.
which is why there's a logical inconsistency in your reasoning here.
Don't worry there's many more tradeoffs than that.