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Replying to Avatar Jeff Swann

Bitcoin sidechains make way more sense than adding exchange & price volatility risk to make a private transaction. It doesn't really make sense to use Monero at all.

Monetary network effects are very unforgiving & I think this will beasically be a "winner takes all" sort of competition.

Unquestionable supply auditablity is more important than perfect privacy.

Stealth addresses & sidechains networked via lightning & other minor improvements will continue to compound bitcoin's privacy potential a little bit at a time. Something like CISA that improves efficiency in terms of on chain footprint while also improving privacy would be ideal.

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Saberhagen The Nameless 1y ago

Darknet markets disprove your winner-takes-all/Monero-doesnt-make-sense theories, and personal priorities

Bitcoin dominated there first and for years, so it's network effects should have been well established, yet it is being phased out for Monero

Competition chooses winners and it's hard to compete when you can't adapt (or made exceedingly difficult to adapt)

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