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Supply matters, but trusting a founder or founders to not expand the supply is stupid. With bitcoin and monero you have a decentralized network of nodes that will not shoot in his own feet with changing the code to expand the supply more than the code tells now. I believe can not invent scarcity twice. The good things of monero could be build on top bitcoin.

Saberhagen The Nameless 1y ago

"The good things of monero could be build on top bitcoin."

Patiently waiting 🕑💀

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Discussion

Wout32 1y ago

For onchain transactions it will probably not happen in a big way. On second layer it is in progress, lightning and cashu.

Saberhagen The Nameless 1y ago

Cashu is custodial, Monero is not

Lightning is a UX nightmare for sovereign users, Monero is not

Not anywhere close to full replacements

Wout32 1y ago

I agree that the UX for lightning is not great as sovereign user at this moment but manageable. It definitely progressed a lot last year. Cashu is indeed custodial so in full trustless network it doesn’t work.

Just a question out of curiousity are there any trustless swaps between bitcoin and monero build now?

Where are now the main fiat ramps for monero?

Saberhagen The Nameless 1y ago

I use both lightning and Cashu. Each has unique advantages and disadvantages, so I can't call them a replacement for the others.

Yes, trustless swaps:

https://basicswapdex.com/

https://unstoppableswap.net/

Coming Soon:

https://serai.exchange/

https://github.com/decred/dcrdex

No-KYC fiat ramps:

https://haveno-reto.com/