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I would love to see you explain how Monero is closer to an NFT than Bitcoin when every Bitcoin has a unique transaction history and Monero doesn't. Bitcoin is the original non-fungible token.

Literally all cypherpunk history disagrees with your dismissal of privacy including Hal Finney.

By putting privacy on the backburner you're less of a digital cash. Not only are you further away from ideal money (by diminishing fungibility i.e. indistinguishable coins), you are also less resistant to adversaries. You open up the possibility of targeted mining censorship and chain analysis on users both which wouldn't be possible if Bitcoin was private.

Moneros original creator is a nym just like Satoshi. It's FOSS and permissionless. So no idea what you are trying to suggest with the "shakes hands with a politician" comment

I never said gold or Monero was perfect. I just see them as tools with different trade offs. You're the only one here calling Bitcoin perfect. Which it is far from being.

Monero and gold supply issuance is predictable, decentralized, and requires PoW just like Bitcoin.

Absolute scarcity doesn't automatically guarantee anything. You have to be honest and contrast it with the full picture of downsides involved with Bitcoin. Merely having absolute scarcity doesn't guarantee value or continued value. You can control supply. You can't control fickle demand (subjective value). Both are required.

Yes, you can't confiscate Bitcoin! Except all those times it has been confiscated of course...and many instances aided by... *drum roll* ...it's lack of privacy!

https://github.com/libbitcoin/libbitcoin-system/wiki/Scarcity-Fallacy

https://www.torekeland.com/roman-sterlingov/

𝑻𝒉𝒆 𝑫𝒂𝒓𝒌 𝑴𝒆𝒕𝒆𝒐𝒓 𝑭𝒓𝒐𝒎 𝑨𝒏𝒅𝒓𝒐𝒎𝒆𝒅𝒂³🌌☄️ 1y ago

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“I would love to see you explain how Monero is closer to an NFT than Bitcoin when every Bitcoin has a unique transaction history and Monero doesn't.”

Bitcoin’s unique transaction history ensures transparency and verifiability. Monero’s complete opacity aligns it more with an NFT’s non-fungibility due to its non-transparent nature.

“Literally all cypherpunk history disagrees with your dismissal of privacy including Hal Finney. By putting privacy on the backburner you're less of a digital cash.”

Privacy is important, but Bitcoin’s goal is to be a secure, decentralized store of value—the greatest problem humanity faces. Pseudonymity and the Lightning Network enhance Bitcoin’s privacy without sacrificing transparency.

“Monero's original creator is a nym just like Satoshi. It’s FOSS and permissionless. So no idea what you are trying to suggest with the ‘shakes hands with a politician’ comment.”

The point about shaking hands with politicians is about potential compromise, because no one knows who Satoshi is, but they know who the creator of Monero is, he soon becomes a target. Bitcoin's transparency prevents hidden inflation or manipulation, something Monero’s opacity cannot.

“I never said gold or Monero was perfect. I just see them as tools with different trade-offs. You're the only one here calling Bitcoin perfect. Which it is far from being.”

Bitcoin is not perfect, but it is perfect money. It solves preservation of value, and the guarantee is inflationary and infinite governments and altcoins, without preservation of value over time, just something nominal while losing purchasing power.

“Yes, you can't confiscate Bitcoin! Except all those times it has been confiscated of course...and many instances aided by... drum roll ...it's lack of privacy!”

Not your keys, not your money. If you leave Bitcoin on exchanges or on paper glued to the refrigerator, you have made your currency a Soviet currency.

“Monero and gold supply issuance is predictable, decentralized, and requires PoW just like Bitcoin.”

PoW doesn’t matter if the reward system and inflation model are flawed. An inflationary currency relying on inflation for rewards is wrong. If that’s your currency, enjoy the start of the pyramid.

Monero and NFTs: as good as real money, just like fiat currencies.

You didn’t understand money, nor the real problem.

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Saberhagen The Nameless 1y ago

"Bitcoin’s unique transaction history ensures transparency and verifiability. Monero’s complete opacity aligns it more with an NFT’s non-fungibility due to its non-transparent nature..."

Do you even understand what fungibility means? Because you've got it completely in reverse...

fungibility = uniformity. Bitcoin has *unique* histories (each is distinguishable from another). Each coin has a unique history BECAUSE of it's *transparency*

"Privacy is important, but Bitcoin’s goal is to be a secure, decentralized store of value..."

Show me where it says "store of value" in the white paper. Pseudonymity (weaker version of anonymity) is not the same thing as privacy. One is hiding identity, the other hides content/actions.

"The point about shaking hands with politicians is about potential compromise, because no one knows who Satoshi is, but they know who the creator of Monero is..."

No they don't. Who is Nicolas Von Saberhagen? If you don't know who Satoshi is how do you know they aren't the same person?

"Bitcoin is not perfect, but it is perfect money. It solves preservation of value, and the guarantee is inflationary ..."

"PoW doesn’t matter if the reward system and inflation model are flawed..."

Lol. I guess you still don't understand that "absolute scarcity automatically equals value" is a fallacy because you can't control demand. And you should know by now that value is subjective if you understand money like you claim.

"Not your keys, not your money. If you leave Bitcoin on exchanges..."

You can have your Bitcoin taken even if you own your own keys. $5 wrench attack. Gov can also send goons with guns to kick down your door and force you to give it up. Bitcoin doesn't automatically make it confiscation proof. It's hiding of information that does which is why privacy is so important.

Continuously stating I don't understand something doesn't make it so. Ever consider you might be the one that doesn't understand?

https://github.com/jlopp/physical-bitcoin-attacks/blob/master/README.md

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